The Following Is a Common-Sized Income Statement for Sydney and Caesar

question 57

Multiple Choice

The following is a common-sized Income Statement for Sydney and Caesar Companies.
Which company has the biggest sales increase from 2015 to 2016?

• A)Not enough information is given to assess the question.
• B)Sydney Company
• C)Caesar Company
• D)Too close to make a solid determination.

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Definitions:

Supply Chain

The network of all the individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, and eventually to the end user.

Proctor and Gamble

Procter & Gamble is a multinational consumer goods corporation specializing in a wide range of personal health/consumer health, and personal care and hygiene products; these products are organized into several segments, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine, & Family Care.

Virtual Company

A business that operates online and does not have a traditional brick-and-mortar physical presence, often relying on digital networks for operations.

Vizio's Supply Chain

The network of suppliers, manufacturers, and logistics providers Vizio uses to produce and distribute its electronics products.