Which of the following symbols represents the experimental effect?
A) O
B) X
C) C
D) E
E) none of the above
D
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Martin Aerospace is currently operating at full capacity based on its current level of assets. Sales are expected to increase by 4.5 percent next year, which is the firm's internal rate of growth. Net working capital and operating costs are expected to increase directly with sales. The interest expense will remain constant at its current level. The tax rate and the dividend payout ratio will be held constant. Current and projected net income is positive. Which one of the following statements is correct regarding the pro forma statement for next year?
A. The pro forma profit margin is equal to the current profit margin. B. Retained earnings will increase at the same rate as sales. C. Total assets will increase at the same rate as sales. D. Long-term debt will increase in direct relation to sales. E. Owners' equity will remain constant.
"If you don't accept that job offer, you will never work again" is an example of a slippery slope logical fallacy
Indicate whether this statement is true or false.