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:

Social Validation

The process of seeking or obtaining approval or affirmation from others in one's social environment.

Social Reciprocity

The mutual exchange of social behavior, such as cooperation or communication, between individuals or groups.

Outcome Assessment

The process of evaluating the results of a treatment or intervention to determine its effectiveness over time.

Indiscriminable Contingencies

Situations in which individuals cannot predict when their behavior will be reinforced, often leading to more consistent behaviors.