Use the Table for the Question(s)below

question 29

Multiple Choice

Use the table for the question(s) below.
-Consider the above Income Statement for Xenon Manufacturing. All values are in millions of dollars. Calculate the operating margin for 2017 and 2018. What does the change in the operating margin between these two years imply about the company?

• A)The efficiency of Xenon Manufacturing has significantly fallen between 2017 and 2018.
• B)The ability of Xenon Manufacturing to sell its goods and services for more than the costs of producing them rose between 2017 and 2018.
• C)The efficiency of Xenon Manufacturing has significantly risen between 2017 and 2018.
• D)The leverage of Xenon Manufacturing fell slightly between 2017 and 2018.

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Definitions:

Aggregate

A whole formed by combining several elements; often used to describe composite materials or sum totals in statistical analysis.

Free Carpels

Free carpels are individual units of the pistil in flowering plants that are not fused together, each containing one or more ovules from which seeds develop.

Single Seed

Refers to plants or fruits that produce or contain only one seed, distinguishing them from those that have multiple seeds.

Achene

A simple, dry fruit with one seed in which the fruit wall is separate from the seed coat (e.g., sunflower fruit).