Which of the following is not a basic right of common shares? a. right to share in the assets upon liquidation b. right to share in profits and losses c. right to vote in the selection of the board of directors for the cor d. right to participate in the management of the company An increase in A/P turnover year over year a. increases the number of days accounts payable are outstanding. b. is due to increased payments to suppliers. c. increases expenses. d. is meaningless without comparative data