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Accounting

Please answer the following question:

Question 1: What happens if credit sales percentage and inventory at the end of each month were to decrease?

Question 2: What if credit sales are collected during the month of sales and each month's purchases are paid during the month of purchase were to increase?

Question 3: What would happen if the equipment purchases required a decrease in investment?

Note: Be sure to show how you arrived at your answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91164308

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