According to the Textbook, Which of the Following Statements About

question 51

Multiple Choice

According to the textbook, which of the following statements about television news is true?

• A)There have been relatively few changes to the television news industry since the start of the 24/7 cable news channels.
• B)From the very start of television, networks were concerned with keeping their news departments separate from big commercial sponsors like tobacco companies.
• C)ABC News was the first news program to be aired by a major television network.
• D)Since the 1960s, national polls have shown local television news is typically thought of as more trustworthy than newspapers.
• E)None of the above options is correct.

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Definitions:

Total Asset Turnover

Total asset turnover is a financial ratio that measures a company's efficiency in using its assets to generate sales, calculated as sales divided by total assets.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue; also known as net profit.

Net Sales

The net amount acquired from sales after subtracting returns, allowances, and discounts.

Held-to-Maturity Securities

Financial instruments in the form of debt that a corporation plans to retain until their maturity date.