A Company Reported the Following Income Statement Amounts -Which of the Following Best Describes the Company's Performance?
A)The
A company reported the following income statement amounts:
-Which of the following best describes the company's performance?
A) The company's operating profit as a percentage of operating revenues decreased.
B) The company has become more profitable.
C) The increase in operating revenues increased the company's net income.
D) The operating expenses as a percentage of operating revenues remained the same.
Correct Answer:
Verified
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