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papahomer papahomer
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7 years ago
The percent-of-sales method of forecasting makes which of the following assumptions?
A) That some assets do not increase in direct proportion to an increase in sales.
B) The accounts receivable average collection period will remain constant throughout the forecast period.
C) The firm may acquire some "lumpy" assets.
D) All of the above.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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7 years ago
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