Which of the following is true regarding the full-capacity sales level of a firm? a. A firm
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Which of the following is true regarding the full-capacity sales level of a firm?
a. A firm that is operating at less than full capacity will never need external financing.
b. For a firm that is operating at less than full capacity, fixed assets will typically increase at the same rate as sales.
c. A firm with excess capacity has room to expand without increasing its investment in fixed assets.
d. Only firms operating at full capacity can grow rapidly.
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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