If a Firm's Sales Increased by 12%,and It Has No

question 100

Multiple Choice

If a firm's sales increased by 12%,and it has no spare capacity,it must increase fixed assets by:

• A) 0%.
• B) 6%.
• C) 9%.
• D) 12%.

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Definitions:

Accounting Information

Accounting Information encompasses the various types of financial data and statements that provide insights into a business's performance and financial position.

Financial Information

Data pertaining to the financial status and performance of an entity, including income, expenses, assets, and liabilities.

Internal Users

Individuals within an organization who use financial information to make decisions, including management, employees, and internal stakeholder groups.

External Users

Individuals or entities outside a company who utilize its financial information, such as investors and creditors.