The Following Information Pertains to Caravan Company The Income Percentage of Revenue Is:
A) 25%
B) 50

question 13

Multiple Choice

The following information pertains to Caravan Company: $\begin{array}{ll}\text { Total assets } & \$ 150,000 \\\text { Total current liabilities } & 110,000 \\\text { Total expenses } & 60,000 \\\text { Total liabilities } & 115,000 \\\text { Total revenues } & 80,000\end{array}$ The income percentage of revenue is:

• A) 25%
• B) 50%
• C) 133%
• D) 75%

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