La Paz Company Reported the Following Data

question 70

Multiple Choice

La Paz Company reported the following data:
Which of the following statements is an accurate conclusion about the 2017 results,based on the above data?

• A) Revenues fell and expenses rose over the 2-year period, resulting in a drop in net income.
• B) Net income improved, despite a rise in operating expenses.
• C) Gross margin declined over two years, resulting in a drop in net income.
• D) The increase in net income resulted primarily from an increase in gross margin coupled with a decrease in operating expenses.

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Definitions:

Labor-Market Discrimination

The differential treatment of individuals in the labor market based on race, gender, religion, age, sexual orientation, or other non-relevant factors that reduces prospects for equal opportunity employment.

Science And Math

Fields of study focused on understanding the natural world through observation and experimentation, and applying mathematical principles to quantify relationships, respectively.

Schools

Institutions for educating children, often at the primary and secondary level, but also inclusive of tertiary education.

Labor-Market Discrimination

The practice of unfairly treating individuals differently in employment decisions based on characteristics unrelated to their job performance, such as race, gender, or age.