For firms with high fixed costs, the percent-of-sales approach for preparing a pro forma income statement tends to ________

A) overestimate profits when sales are increasing
B) underestimate profits when sales are increasing
C) underestimate profits when assets are increasing
D) overestimate profits when assets are increasing


B

Business

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Every year, the students at a prestigious engineering school remove a car from the parking lot and place it on the highest point of the roof of the main engineering building

The students have been doing this for decades, but not once has anyone ever confided to an outsider how it was done. This is a classic example of a ritual. Indicate whether the statement is true or false

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The courts have historically distinguished between noncommercial and commercial speech when reviewing the constitutionality of governmental restrictions.

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

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Customers often view independent bloggers as an objective source of information.

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

Business

Union substitution refers to:

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Business