Question: When using the percent-of-sales method in forecasting the funds needed, which of the following is not true?Multiple Choice:49:18Required new funds increase as sales decrease.Required new

When using the percent-of-sales method in forecasting the funds needed, which of the following is not true?Multiple Choice:49:18Required new funds increase as sales decrease.Required new funds decrease as profit margin increases.Required new funds increase as assets increase.As the tox rate increases, the required new funds increase.

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