A company logo would be an example of a ________

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

1. In the horizontal analysis of the income statement, each item is generally stated as a percentage of net income. 2. Liquidity ratios compare current assets to current liabilities because it is assumed that current liabilities will be paid out of current assets. 3. Inventory turnover measures the number of times on the average the inventory was sold during the period. 4. Profitability ratios are frequently used as a basis for evaluating management's operating effectiveness. 5. Diversification in American industry enhances the usefulness of financial analysis.

According to the text, which of the following is NOT one of the three sources of sampling frame error that is present in the telephone book?

A) It does not contain unlisted numbers. B) It does not contain zip codes for the listed numbers. C) It does not contain the telephone numbers of the people who have moved into the area after the telephone book was published. D) It lists the inactive telephone number of people who have moved out of the area since the telephone book was published. E) C and D