The Trend Analysis Report of Doppler,Inc Which of the Following Is a Correct Conclusion from the \begin{array}

question 31

Multiple Choice

The trend analysis report of Doppler,Inc.is given below (in millions) : $$\begin{array} { | l | r | r | r | r | r | } \hline & 2018 & 2017 & 2016 & 2015 & 2014 \\\hline \text { Net income } & \$ 700 & \$ 607 & \$ 456 & \$ 403 & \$ 401 \\\hline \text { Trend percentages } & 175 \% & 151 \% & 114 \% & 100 \% & 100 \% \\\hline\end{array}$$ Which of the following is a correct conclusion from the above analysis?

• A)Net income for 2018 is 175% of that for 2014.
• B)Net income for 2017 is 151% of the previous year.
• C)Net income for 2017 decreased by 151% from 2016.
• D)Net income for 2018 increased by 175% from 2017.

Distinguish between avoidable and sunk costs.

Identify the role of variable and fixed costs in various decisions.

Recognize the importance of opportunity costs in decision-making.

Understand the significance of the book value and its role as a potential sunk cost.

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Definitions:

Average Cost

The total cost of production divided by the number of goods produced, also known as cost per unit.

Copper

A reddish-brown, malleable, ductile metallic element with high electrical and thermal conductivity, used in many alloys and as electrical conductors.

Zinc

A metallic chemical element with the symbol Zn and atomic number 30, used in alloys and as a protective coating for iron and steel.

Factor Prices

The prices of inputs such as labor, capital, land, and raw materials used in the production of goods or services.