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QUESTION
Parker Company had $5000000 in sales and reported a $300000 loss in its annual report to stockholders.
Parker Company had $5000000 in sales and reported a $300000 loss in its annual report to stockholders.According to a CVP analysis prepared for managements use,$5000000 in sales is the break even point for the company.Did the company's inventory level increased,decrease,or remain unchanged?Explain
