AFB,Inc.is expecting sales to increase by 20% next year,but its net fixed assets are expected to remain at their current level.This is an example of

Name: AFB,Inc.is expecting sales to increase by 20% next year,but its net fixed assets are expected to remain at their current level.This is an example of
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

Lumpy assets refer to assets that cannot be adjusted in small increments and remain fixed despite changes in sales, as is the case with AFB, Inc.'s net fixed assets.

AFB,IncIs Expecting Sales to Increase by 20% Next Year,but Its