which of the following account would most likely vary directly with the level of firm...
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Accounting
which of the following account would most likely vary directly with the level of firm sales?
Cash Yes no
Cash_________________
Notes payable________________
Marketable securities____________________
Plant and equipment____________________
Accounts Payable_________________________
Inventories___________________________
Long-term debt___________________
I know that the answer to cash is yes. Notes Payable is no. Marketable Securities is yes. Plant and equipment is yes. I am not sure about the last three though.
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