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samualson samualson
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Posts: 2459
5 years ago
If a firm currently has excess capacity, then using the percent of sales method to forecast its fixed asset balance will likely result in an overestimate of the fixed asset balance and an inflated amount of discretionary financing needed.
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 26 times
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guzmanguzman
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Posts: 1067
5 years ago
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samualson Author
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5 years ago
Thank you for your assistance, again and again
wrote...
5 years ago
My pleasure
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