Question: Question 5 (2 marks) Using the percent-of-sales method, which of the following variables are assumed to increase proportionately with sales? a. accounts payable b.

Question 5 (2 marks) Using the percent-of-sales method, which of the following

Question 5 (2 marks) Using the percent-of-sales method, which of the following variables are assumed to increase proportionately with sales? a. accounts payable b. accounts receivable c. cash d. all of the above O a. O b. O c. Od

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