Notes payable and bonds payable are spontaneous liabilities

Indicate whether the statement is true or false

FALSE

Business

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The degree of operating leverage for Williams Company is 2. The actual operating income is $14,000. If the company expects a 25% increase in sales, operating income should increase by $3,500

Indicate whether the statement is true or false

Business

The most common form of marketing organization consists of ________ reporting to a marketing vice president who coordinates their activities

A) zonal managers B) functional specialists C) product managers D) area market specialists E) brand managers

Business