100% -Normal text Arial When looking at the Fixed Asset portion of the balance sheet, if the accumulated depreciation is a large percentage of the total fixed assets this could mearn A. The company just bought new equipment B. The company's fixed assets will have to be replaced soon C. The company could sell its fixed assets at a profit D. The company has low maintenance and repair costs for its plant and equipment What industry was discussed as a good example of an industry with long collection periods? a. Toy b. Airline c. Automobile d. Widget Dating in accounting means a. b. c. d. Making sure to put the date on each accounting transaction Changing the date of an order to match the date when the order is paid Arranging all incoming orders by date Extending the due date for a payment A projection of the detailed income and expenses that are estimated to occur in a specified future period, usually prepared on a month-to-month basis for up to a year is a. b. c. d. An income statement A consolidated balance sheet A statement of cash flows A budget