These items are taken from the financial statements of Cullumber Company at December 31, 2022. Buildings $88,872

Accounts receivable 10,584

Prepaid insurance 2,688

Cash 9,946

Equipment 69,216

Land 51,408

Insurance expense 655

Depreciation expense 4,452

Interest expense 2,184

Common stock 50,400

Retained earnings (January 1, 2022) 33,600

Accumulated depreciation—buildings 38,304

Accounts payable

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.