Question: Which statement is incorrect? We cannot use profitability to value Coca Cola because it has negative earnings To avoid negative earnings but still capture

Which statement is incorrect? We cannot use profitability to value Coca Cola because it has negative earnings To avoid negative earnings but still capture profitability, one should use sales divided by expenses O To capture innovation growth, we should use R&D growth O To capture how early in the cycle firms spend on innovation, they should use R&D/sales
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