Incorrect Percentages Name: Must show calculations/formula for credit. Any answer given with no calculations shown will
Posted: Fri Jul 08, 2022 5:32 am
Incorrect Percentages Name: Must show calculations/formula for credit. Any answer given with no calculations shown will result in no credit for that answer. 1. A newspaper headline claims: "Apple spends far less on Research & Development than any of its rivals." Further into the story, the reporter writes that Apple spends a paltry 2% of revenues compared with 14% at Google and Microsoft. a. What is the mistaken assumption here? b. Why is that assumption incorrect? c. Is there a situation where the headline is still correct?