Denver Dynamics Has Net Income of $2,000,000

question 36

Multiple Choice

Denver Dynamics has net income of $2,000,000.Oakland Enterprises has net income of $2,500,000.Which of the following best compares the profitability of Denver and Oakland?

• A)Oakland Enterprises is 25% more profitable than Denver Dynamics.
• B)Oakland Enterprises is more profitable than Denver Dynamics,but the comparison can't be quantified.
• C)Oakland Enterprises is only more profitable if it is smaller than Denver Dynamics.
• D)Further information is needed for a reasonable comparison.
• E)Oakland Enterprises is more profitable if it is a larger firm than Denver Dynamics.

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Definitions:

Unbiased Coins

A coin for which the probability of landing on heads or tails is exactly equal, with no preference towards either side.

Simple Events

Individual outcomes that are distinct and unambiguous in a probability experiment.

Laboratory Test

Analytical tests and procedures carried out in a controlled environment to investigate the composition or properties of materials.

Disease

A condition that negatively affects the structure or function of part or all of an organism, not directly resulting from physical injury.