Fixed assets are often estimated incorrectly by the percent of sales method because a. Fixed assets remain
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Question:
Fixed assets are often estimated incorrectly by the percent of sales method because
a. Fixed assets remain constant and the percent of sales method assumes all assets increase proportionally with sales.
b. Fixed asset are very expensive.
c. Fixed assets are typically purchased in "lumps" and therefore do not increase proportionally with sales.
d. Fixed assets are part of the capital budgeting process.
Related Book For
Basic Finance An Introduction to Financial Institutions, Investments and Management
ISBN: 978-1285425795
11th Edition
Authors: Herbert B. Mayo
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