Question: Help making correct assumptions for this income statement and balance sheet. Logical Assumptions ex. If their sales increase, the assumption has to be that the
Help making correct assumptions for this income statement and balance sheet.
Logical Assumptions
ex. If their sales increase, the assumption has to be that the will incur higher expenses
correct income statement and balance sheet in order to display correct logical assumtions based on the purchase of 1,500,000 supplies and 1,000,000 investment discussed in the paragraph



Marine Supply Company - Part 2 As discussed earlier, the partners have just told you that the United States Navy has proposed the purchase of S1,500,000 of marine supplies. This contract, if accepted, would require a one-time investment in new equipment of $1,000,000 and would be renewed year after year. After some discussion among themselves, they decided to accept the order and are now wondering what to do next. This is why they have called you
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