Essay
In 1995 the Apex television manufacturing company planned to invest $1,100,000 by building a brand new factory wing at a cost of $1,000,000 and increasing its inventories by $100,000 worth of television sets. However, by the end of the year the actual amount of investment for the company was $1,200,000. What could explain this apparent difference between the company's planned investment and actual investment?
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Perhaps the sales of televisio...View Answer
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