(Table 2: Economic Data for Four Firms, 2017) Table 2
Question 51
Question 51
Multiple Choice
(Table 2: Economic Data for Four Firms, 2017) Table 2 provides 2017 economic data for four firms. Use the data to determine which firm had unplanned inventory investment of $200,000. Table 2. Economic Data for Four Firms, 2017 Firm A Firm B Firm C Firm D Revenue from 2017 Sales $10,400,000$10,400,000$10,400,000$10,400,000 Value of 2017 Production $10,600,000$10,000,000$10,200,000$10,800,000 Purchases of New Equipment $300,000$100,000$0$50,000 Construction of New Facilities $0$75,000$0$100,000 Value of Desired Change in Inventory $0$25,000$0$50,000
A) Firm A B) Firm B C) Firm C D) Firm D
Correct Answer:
Verified
Unlock this answer now Get Access to more Verified Answers free of charge