Oglethorpe Company Reports the Following Information from the Vertical Analysis $4.2 \%$

question 158

Multiple Choice

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

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

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Definitions:

Köhler

A psychologist known for his work in the field of Gestalt psychology, particularly his research on problem-solving in animals.

Koffka

Kurt Koffka, a German psychologist, was a co-founder of Gestalt psychology, which focuses on holistic perception and problem-solving.

Humanistic Theory

A psychological perspective that emphasizes the study of the whole person, looking at human behavior not only through the eyes of the observer but through the eyes of the person doing the behaving.

Existential

Pertaining to existentialism, a philosophy that emphasizes individual freedom, choice, and existence.