Liquidity ratios attempt to measure the adequacy of a family's net worth
Indicate whether the statement is true or false.
FALSE
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Which of the following is not accurate in depicting cash flows from operations?
A) (Revenues - expenses - taxes paid) B) (Revenues - cash expenses - taxes paid) C) (Revenues - expenses) (1 - tax rate) + (depreciation × tax rate) D) (Net profit + depreciation)
Which of the following statements is most likely true of public relations?
A) It requires participating companies to pay for media space or time. B) It can have the same impact on public awareness as advertising at much lower costs. C) It is always handled by a third-party agency hired by the firm. D) It forms a huge portion of the overall marketing budget of most large firms. E) It plays an insignificant role in brand building with the increasing popularity of advertising.