In the percent-of-sales forecasting method, all of the following balance sheet and income statement items are assumed to increase proportionately with sales EXCEPT:
A) dividends
B) accounts payable
C) long-term debt
D) a and c

Question

Quizplus · Accepted Answer

The Answer of In the percent-of-sales forecasting method, all of the following balance sheet and income statement items are assumed to increase proportionately with sales EXCEPT:
A) dividends
B) accounts payable
C) long-term debt
D) a and c

In the Percent-Of-Sales Forecasting Method, All of the Following Balance