Hopper,Inc ​
-Read the Information About Hopper,Inc

question 48

Multiple Choice

Hopper,Inc.
Use the information from Hopper,Inc.to answer the following question.
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$$\begin{array} { l r r } & \mathbf { 2 0 1 8 } & \mathbf { 2 0 1 7 } \\\text { Operating revenues } & \$ 1,900,000 & \$ 1,600,000 \\\text { Operating expenses } & 1,400,000 & 1,100,000 \\\text { Income taxes } & 200,000 & 200,000\end{array}$$ ​
-Read the information about Hopper,Inc.Which of the following statements is the best answer regarding the company's profit margin?

• A)The profit margin was 15.8% in 2018.
• B)The profit margin was 15.8% in 2017.
• C)The profit margin was 31.5% in 2018.
• D)The profit margin was 31.5% in 2017.

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Definitions:

Stakeholders

Individuals or groups that have an interest or stake in the outcome of a project, decision, or endeavor.

Interpretation

The process of explaining or understanding the meaning of data, actions, words, or events, often requiring a subjective perspective that depends on context.

Debriefing

The process of explaining the purposes and methods of a completed procedure to a participant, especially following deception or incomplete disclosure.

Pre-Existing Ideas

Concepts or beliefs that individuals have formed prior to being exposed to new information or experiences.