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Business, 12.03.2020 21:30 daisyyy12

Parker products, inc. is a manufacturer whose absorption costing income statement reported sales of $123 million and a net operating loss of $18 million. according to a cvp analysis prepared for management, the company’s break-even point is $115 million in sales. required: assuming that the cvp analysis is correct, is it likely that the company’s inventory level increased, decreased, or remained unchanged during the year?

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