Of the following, the LAST that a firm should specify are its

A. price objectives.
B. promotion objectives.
C. marketing objectives.
D. publicity objectives.
E. company objectives.


Answer: D

Business

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The price/earnings ratio:

a. measures the past earning ability of the firm. b. is a gauge of future earning power as seen by investors. c. relates price to dividends. d. relates price to total net income. e. All of the answers are correct.

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If the cost of ordinary repairs is capitalized as an addition to the building account during the current year,

a. net income for the current year will be understated. b. stockholders' equity at the end of the current year will be understated. c. total assets at the end of the current year will not be affected. d. total liabilities at the end of the current year will not be affected.

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All bankruptcies are handled by the U.S. Supreme Court.

Answer the following statement true (T) or false (F)

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If Dan subleases his apartment to Susan for the summer, Susan is primarily liable to pay the landlord the rent

a. True b. False Indicate whether the statement is true or false

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