Quiz Ch 16 – T/F The Relationship Between Sales Growth and Current Assets

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false: With an upswing in sales, a firm usually witnesses an uptick in its current assets. This includes an expansion in inventory levels and the accrual of accounts payable, leading to the emergence of spontaneously generated funds due to increased sales-related transactions.

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  • Search Terms: a. b. false true a accounts also and arise as assets brought by current firm's for from funds generally generated grow, in increase, increase. increases. instance, inventories its more of on payable. purchases result sales spontaneously tend the thus, to transactions
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