Financial Management: Theory & Practice
Financial Management: Theory & Practice
16th Edition
ISBN: 9780357296776
Author: Eugene F. Brigham, Michael C. Ehrhardt
Publisher: Cengage Learning US
Question
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Chapter 12, Problem 2Q
Summary Introduction

To choose: The items which rises spontaneously with rises in sales.

Expert Solution & Answer
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Explanation of Solution

Accrued wages, accounts payable and accrued taxes rise spontaneously. Retained earnings may perhaps rises based on the dividend payout policy and profitability.

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