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Parker products inc a manufacturer reported $123 million is sales and a loss of $18...

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Accounting

Parker products inc a manufacturer reported $123 million is sales and a loss of $18 million in its annual report to shareholders. According to a cvp analysis prepared for management the companys breakeven point is $115 million in sales. 1. Assuming that the cvp analysis is correct is it likely that the companys inventory level increased decreased or remained unchanged during the year? Explain

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