Certain liability and net worth items generally increase spontaneously with increases in sales. Put a check mark

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Certain liability and net worth items generally increase spontaneously with increases in sales. Put a check mark (✓) next to those items that typically increase spontaneously.

Accounts payable____________

Notes payable to banks____________

Accrued wages____________

Accrued taxes____________

Mortgage bonds____________

Common stock____________

Retained earnings____________

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Oct 05, 2011 09:56 AM

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Certain liability and net worth items generally increase spontaneously with increases in sales. Put a check mark

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