When forecasting fixed asset requirements, the projected fixed asset balance will
A) not increase proportionally if excess capacity exists.
B) not increase proportionally with sales if the existing level of fixed assets is sufficient to
support current sales.
C) always increase proportionally with sales.
D) remain the same since the balance is fixed.
Question 2
The bid rate is the rate at which the bank buys the foreign currency from the customer by paying in
home currency.
Indicate whether the statement is true or false