The blog Carpe Diem gave updated information on newpaper revenues in a post on September 6, 2012. In that post, the author predicted that print newspaper advertising will be lower in 2012 than in 1950, when adjusted for inflation. In fact total advertising in 2012 was $22.3 million. In 1950, total advertising was $2.07 million (in 1950 dollars). was he right ?

The blog Carpe Diem gave updated information on newpaper revenues in a post on September 6, 2012. In that post, the author predicted that print newspaper advertising will be lower in 2012 than in 1950, when adjusted for inflation. In fact total advertising in 2012 was $22.3 million. In 1950, total advertising was $2.07 million (in 1950 dollars). was he right ?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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