Most advertisers prefer buying their network advertising time as participation over sponsorships because: 1. they want greater financial responsibility for production of a program. 2. they want greater control over the placement of ads. 3. they want long-term commitment to a program. 4. they want a greater concentrate for their advertising budget. they want greater flexibility than sole sponsorship permits.

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld