Upon analyzing the financial statements of KER Ltd., you notice that there have been few capital asset acquisitions and that capital assets seem low relative to the type of business the company is in.This observation may mean that KER Ltd.is engaged in a(n) :
A) Off-balance-sheet financing.
B) Smoothing strategy.
C) Profit maximization strategy.
D) Income tax minimization strategy.
Correct Answer:
Verified
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