Asked by
Angelei Felizardo
on Nov 08, 2024Verified
Sales can often increase without increasing which one of the following?
A) Accounts receivable.
B) Cost of goods sold.
C) Manufacturing labor.
D) Fixed assets.
E) Inventory.
Sales Increase
The rise in the volume or value of sales of goods and services over a specific period.
Fixed Assets
Long-term tangible assets that are used in the operations of a business and are not expected to be converted into cash in the near term.
Inventory
The totality of goods or materials a company holds for the purpose of selling in the market or using in production.
- Comprehend the criticality and impact of augmenting sales on the strategy for financial planning.
Verified Answer
JR
Learning Objectives
- Comprehend the criticality and impact of augmenting sales on the strategy for financial planning.