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All of Fake Stone's Costs and Net Working Capital Vary

Question 1

Multiple Choice

All of Fake Stone's costs and net working capital vary directly with sales.Sales are projected to increase by 3.5 percent.What is the pro forma accounts receivable balance for next year? A) $1,659.80 B) $1,661.84 C) $1,780.20 D) $1,787.80 E) $1,800.46 All of Fake Stone's costs and net working capital vary directly with sales.Sales are projected to increase by 3.5 percent.What is the pro forma accounts receivable balance for next year? A) $1,659.80 B) $1,661.84 C) $1,780.20 D) $1,787.80 E) $1,800.46
All of Fake Stone's costs and net working capital vary directly with sales.Sales are projected to increase by 3.5 percent.What is the pro forma accounts receivable balance for next year?


A) $1,659.80
B) $1,661.84
C) $1,780.20
D) $1,787.80
E) $1,800.46

Correct Answer:

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