Because marketing research studies are continuous they cannot be referred to as "projects."
Indicate whether the statement is true or false
FALSE
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The percentage of sales method for communication budgeting tends to allocate funds for advertising in the opposite direction from what are needed
Indicate whether the statement is true or false
Which type of corporate name reveals what a company does?
A) overt B) implied C) conceptual D) iconoclastic
Which of the following statements is true regarding extraordinary items on the income statement?
a. U.S. GAAP prohibits the presentation of extraordinary items on the income statement. b. IFRS prohibits the presentation of extraordinary items on the income statement. c. U.S. GAAP allows extraordinary gains and losses on the balance sheet. d. IFRS allows the classification of gains and losses on the income statement as extraordinary as long as long as they are both unusual in nature and infrequent in occurrence.
Lincoln Company reported the following information in its annual report for 2016. Cash flows from operating activities $300,000 Capital Expenditures 225,000 Average amount of debt maturing over the next 5 years 200,000 What is the cash flow adequacy ratio for 2016 for Lincoln Company?
a. 0.38 b. 1.50 c. 1.88 d. 7.50