Question: Question 1 7 When constructing a pro forma statement, net working capital generally: remains fixed varies only when the firm is producing at full capacity
Question
When constructing a pro forma statement, net working capital generally:
remains fixed
varies only when the firm is producing at full capacity
varies only if the firm maintains a fixed debtequity ratio
varies proportionately with sales
varies only if the firm is producing at less than full capacity
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