The CEO has promised that any increase in revenues from investments in 2008 will go toward increasing the R&D budget. Assume that revenues from investments increase by 40% from 2007 to 2008, and that these additional funds are the only change to the R & D budget. By what percent does the R & D budget increase?

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.