All of the following appear in the numerator for the times interest earned ratio calculation, except:

The lower the level of customer loyalty is for a product, the ________

A) stronger the existing brand relationships are B) stronger the media plans are C) stronger the copy tests are D) more opportunity there is to gain sales E) more opportunity there is to integrate marketing

Which of the following would not be considered a limitation of simulation modeling?

A) Models are typically unstructured. B) Validation of simulation models can be difficult. C) The cost of building simulation can be prohibitive. D) Simulation allows flexibility in analyzing systems.