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Social Studies, 30.09.2019 19:30 boonkgang6821

Which one of the following is correct in relation to pro forma statements? group of answer choices net working capital is affected only when a firm's sales are expected to exceed the firm's current production capacity. the addition to retained earnings is equal to net income less cash dividends. fixed assets must increase if sales are projected to increase. long-term debt varies directly with sales when a firm is currently operating at maximum capacity. inventory changes are not proportional to sales changes.

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