Question: When constructing a pro forma statement, net working capital generally: Multiple Choice remains fixed. varies only if the firm is currently producing at full capacity.
When constructing a pro forma statement, net working capital generally:
Multiple Choice
remains fixed.
varies only if the firm is currently producing at full capacity.
varies only if the firm maintains a fixed debtequity ratio.
varies only if the firm is producing at less than full capacity.
varies proportionally with sales.
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