Worldwide spending on outdoor advertising amounts to about ________ of total ad spending
A) 1%
B) 2%
C) 4%
D) 6%
E) 10%
D
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A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt
Following lengthy negotiations, the parties agreed that the debtor will issue 200,000 shares of common stock to settle the debt. This transaction will be reported in the investing activities section of the statement of cash flows for Adams Company. Indicate whether the statement is true or false
Greg, a young entrepreneur, has developed an aggressive business plan and is presenting his profit projections on the popular show Shark Tank in hopes of securing some venture capital
He concludes his presentation with an LP model of his planned product mix, and is convinced he will seal the deal by demonstrating that his profits are limitless since his LP model is unbounded. What should the sharks tell him? A) "Limitless profits sound fantastic, here's a blank check." B) "Limitless profits are possible only in minimization models, and we want you to maximize profits." C) "Unlimited profits aren't possible. You must have made a mistake in your LP model." D) "Limitless profits are possible only in maximization models, and we want you to minimize profits."