Referring to Plastics, Inc. information:
| Description | 2019 | 2018 | 2017 | 2016 |
| Cash | $48 | $500 | $1,200 | $1,889 |
| Accounts Receivable | $1,732 | $1,122 | $817 | $385 |
| Inventory | $5,369 | $3,255 | $1,878 | $808 |
| Revenue | $12,156 | $9104 | $7,643 | $4,388 |
| Net Income | $2,310 | $1,730 | $1,452 | $834 |
One conclusion we cannot reach based on this data is:
| A. |
Plastics, Inc. has purchased too many fixed assets. |
|
| B. |
Customers are paying their bills slower and slower. |
|
| C. |
Profitability is increasing. |
|
| D. |
Inventory per sales dollar is increasing at an increasing rate. |
Answer: Option (A) Plastic, Inc has purchased too many fixed assets.
Explanation:
The given data consists of current assets, Revenue and Income, But there is no fixed assets information or Data So how fixed assets purchased can't be determined.
Referring to Plastics, Inc. information: Description 2019 2018 2017 2016 Cash $48 $500 $1,200 $1,889 Accounts...