Use the table for the question(s)below.
-Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. Calculate the operating margin for 2017 and 2018. What does the change in the operating margin between these two years imply about the company?
A)The efficiency of Xenon Manufacturing has significantly fallen between 2017 and 2018.
B)The ability of Xenon Manufacturing to sell its goods and services for more than the costs of producing them rose between 2017 and 2018.
C)The efficiency of Xenon Manufacturing has significantly risen between 2017 and 2018.
D)The leverage of Xenon Manufacturing fell slightly between 2017 and 2018.

Question

Use the table for the question(s)below. 
-Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. Calculate the operating margin for 2017 and 2018. What does the change in the operating margin between these two years imply about the company?
A)The efficiency of Xenon Manufacturing has significantly fallen between 2017 and 2018. 
B)The ability of Xenon Manufacturing to sell its goods and services for more than the costs of producing them rose between 2017 and 2018. 
C)The efficiency of Xenon Manufacturing has significantly risen between 2017 and 2018. 
D)The leverage of Xenon Manufacturing fell slightly between 2017 and 2018.

Quizplus · Accepted Answer

The Answer of Use the table for the question(s)below. 
-Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. Calculate the operating margin for 2017 and 2018. What does the change in the operating margin between these two years imply about the company?
A)The efficiency of Xenon Manufacturing has significantly fallen between 2017 and 2018. 
B)The ability of Xenon Manufacturing to sell its goods and services for more than the costs of producing them rose between 2017 and 2018. 
C)The efficiency of Xenon Manufacturing has significantly risen between 2017 and 2018. 
D)The leverage of Xenon Manufacturing fell slightly between 2017 and 2018.

Use the Table for the Question(s)below