Price-earnings ratio

Maco Limited Partnership intends to sell $6 million of its limited partnership interests. The state in which Maco was organized is also the state in which it carries on all of its business activities. If Maco intends to offer the limited partnership interests in reliance on Rule 147, the intrastate registration exception under the Securities Act of 1933, which one of the following statements is true?

A. Maco may make up to five offers to nonresidents without the offering being ineligible for the Rule 147 exemption. B. The offering is not exempt under Rule 147 because it exceeds $5 million. C. Under Rule 147, certain restrictions apply to resales of the limited partnership interests by purchasers. D. Rule 147 limits the number of purchasers of the limited partnership interests to 100.

Which of the following is an example of a bottom-up technique for developing promotional budgets?

A) the competitive-parity method B) the objective-task method C) the percentage-of-sales method D) the pull-push method E) the AIDA method