U.S. executives working on the importance of aesthetics learnt that in Japan "a book is judged by its content."

Sustainable growth can be determined by the:

A. profit margin, total asset turnover and the price to earnings ratio. B. profit margin, the payout ratio, the debt-to-equity ratio, and the asset requirement or asset turnover ratio. C. Total growth less capital gains growth. D. Either A or B. E. None of the above

In selecting machine usage as the primary cost driver for the Production Department, management feels that there is a direct relationship between the number of machine hours used and the amount of overhead costs incurred

Indicate whether the statement is true or false