The Following Income Statements Are Provided for Two Companies Operating

question 45

Multiple Choice

The following income statements are provided for two companies operating in the same industry: Assuming sales increase by $1,000, select the correct statement from the following:

• A) Felix's net income will be more than Jinx's.
• B) Only Felix will experience an increase in profit.
• C) Felix's net income will increase by $250.
• D) Jinx's net income will increase by 6%.

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Definitions:

Carbohydrate

Organic compounds consisting of carbon, hydrogen, and oxygen, serving as a major energy source in the diet of animals and humans.

Polymer

Long molecules made up of repeating units called monomers, found in numerous natural and synthetic materials.

Sugar Monomers

Sugar monomers, such as glucose and fructose, are the simplest form of carbohydrates that cannot be hydrolyzed to simpler sugars; they serve as building blocks for complex carbohydrates.

Monosaccharides

Simple sugars that are the most basic form of carbohydrates, consisting of a single sugar molecule and serving as energy sources and building blocks for more complex carbohydrates.