Oglethorpe Company Reports the Following Information from the Vertical Analysis

question 17

Multiple Choice

Oglethorpe Company reports the following information from the vertical analysis of their income statement: Profit:
4.2 % in 2017
3.9% in 2016
Which of the following statements could be logically concluded from the above data?

• A)The company's total profit increased by 0.3% in 2017.
• B)The company has improved the profit they make per dollar of sales in 2017.
• C)The company made higher profit in 2017 than in 2016.
• D)The company made a higher gross profit in 2017 than in 2016.

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Definitions:

Freud

Sigmund Freud, a neurologist and the founder of psychoanalysis, a method for treating psychopathology.

Internal Danger

Perceived threats or stresses that originate from within oneself, such as fears, anxieties, and negative self-beliefs.

Oral Fixation

A concept in psychoanalytic theory referring to an excessive focus on oral activities, believed to stem from issues during the oral stage of psychosexual development.

Overindulgence

Excessive indulgence in activities or consumption, often to the detriment of one's health or well-being.