Hopper,Inc ​
-Read the Information About Hopper,Inc

question 124

Multiple Choice

Hopper,Inc.
Use the information from Hopper,Inc.to answer the following question.
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$$\begin{array} { l r r } & \mathbf { 2 0 1 8 } & \mathbf { 2 0 1 7 } \\\text { Operating revenues } & \$ 1,900,000 & \$ 1,600,000 \\\text { Operating expenses } & 1,400,000 & 1,100,000 \\\text { Income taxes } & 200,000 & 200,000\end{array}$$ ​
-Read the information about Hopper,Inc.Which statement best represents Hopper's performance?

• A)Hopper's profit margin ratio decreased.
• B)Hopper has become more profitable.
• C)Hopper's increase in operating revenues increased the company's net income.
• D)Hopper's operating expenses as a percentage of operating revenues remained the same.

Gain knowledge about different appraisal methods and their applications.

Understand how performance appraisals can influence pay reviews and organizational policies.

Recognize the importance of fairness and accuracy in performance appraisals.

Understand the characteristics of effective performance appraisal measures.

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Definitions:

Area

In statistics, often refers to the region under the curve of a probability distribution representing the probability of a range of outcomes.

Variance

An indication of how data points diverge from their average, showing the extent of their spread.

Normally Distributed

Describes a distribution that follows a bell curve, where data is symmetrically distributed with most values clustering around a central point.

Normally Distributed

Describes a statistical distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.