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  3. value: 16.70 points parker products inc, a manufac

value: 16.70 points Parker Products Inc, a manufacturer, reported $123 million in sales and a...

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Accounting

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value: 16.70 points Parker Products Inc, a manufacturer, reported $123 million in sales and a loss of $18 million in its annual report to shareholders. According to a CVP analysis prepared for management, the company's break-even point is $115 million in sales. Required: Assuming that the CVP analysis is correct, is it likely that the company's inventory level increased decreased, or remained unchanged during the year? Increased Decreased Remained unchanged

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