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Public Relations Is Communication in News Story Form About an Organization

question 135

True/False

Public relations is communication in news story form about an organization, its products, or both that is transmitted through a mass medium at no charge.


Definitions:

Net Operating Income

The income derived from a firm's core business operations, not including taxes and interest expenses.

Contribution Margin Ratio

A ratio that measures the percentage of sales revenue remaining after deducting variable costs, indicating the portion of sales available to cover fixed costs and generate profit.

Variable Expense Ratio

A ratio computed by dividing variable expenses by sales.

Break-even Analysis

A calculation to determine the sales volume at which total revenues equal total costs, indicating no profit or loss.

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