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Camden Products Buys a $500,000 Machine by Taking Out a Bank

question 70

Multiple Choice

Camden Products buys a $500,000 machine by taking out a bank loan.The company's assets will ________ by $500,000 while its liabilities will ________ by $500,000.


Definitions:

Human Relations

The study and practice of improving interactions and relationships among people within an organization.

High Morale

A state in which employees are motivated, satisfied, and have a positive outlook towards their work and workplace.

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