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.

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Equity Loan

A loan where the equity in the borrower's home is used as security.

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A measure of how likely an event is to occur, expressed as a number between 0 and 1.

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A compelling story or explanation designed to sell a product or service, highlighting its benefits and aligning with the customer's needs.

Mutual Fund

An investment vehicle made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.