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    Comparison of liabilities between different organizations

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    Consider three different businesses:

    1. A Bank
    2. A Magazine publisher
    3. A department store

    For each business, list all of its liabilities - both current and long-term. Then compare the three lists to identity the liabilities that the three businesses have in common. Also identity the liabilities that are unique to each type of business.

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    Solution Summary

    This solution provides a table comparing the current and short-term liabilities experienced by a bank (Wells Fargo & Company), by a magazine publisher (Time Warner Inc.) and a department store (Macy's Inc.)