The Following Information Is from L&H's 2004 Income Statement -Based Upon Your Analysis, You Reflect That L&H Management
A)

The following information is from L&H's 2004 income statement:
$\begin{array}{|l|r|r|}\hline&&2004\\\hline \text { Sales } & \$ 14,000 \\\hline \text { Investment income } & 800 \\\hline && \$ 14,800 \\\hline \text { Cost of goods sold } & \$ 7,000 \\\hline \text { Depreciation expense } & 2,500 \\\hline \text { Amortization expense } & 2,000 \\\hline \text { Interest expense } & 700 \\\hline && \$ 12,200 \\\hline \text {Pre-tax income}&&\$2,600\\\hline\end{array}$
-Based upon your analysis, you reflect that L&H management

A) is more than holding its own in a tough economic environment.
B) needs to strengthen its marketing.
C) is achieving growth in its new product line.
D) has adroitly managed its asset portfolio.