Which statement is most likely TRUE:

A) Krispy Crmes capital structure had more leverage than comparables

B) Krispy Crmes activity ratios improved as a result of franchise acquisitions

C) Marriotts VP calculated the cost of capital the same way for each operating segment

D) If commodity prices fall, net income increases if assets are recognized to be impaired

E) Academic studies demonstrate that increased regulation does not decrease the likelihood of restatement

Which of the following statements (I-V) is (are) most likely FALSE:

I) Both Sealed Air and Marvel used shark repellant techniques

II) Both Sealed Air and Marvel underwent a leveraged recapitalization

III) Both Sealed Air and Marvel became eligible for Debtor-In-Possession financing

IV) Both Sealed Air and Marvel collateralized the debt issued with firm assets

A) I & IV

B) II & IV

C) II & III

D) All of the statement

E) None of the statements