The Trend Analysis Report of Marswell,Inc

question 124

Multiple Choice

The trend analysis report of Marswell,Inc.is given below (in millions) :

Which of the following is a correct conclusion from the above analysis?

• A)Net income for 2017 has increased by 114% over that for 2015.
• B)Net income for 2017 has decreased by 14% over that for 2015.
• C)Net income for 2017 has decreased by 114% over that for 2015.
• D)Net income for 2017 has increased by 14% over that for 2015.

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Definitions:

Unrealized Profits

Profits that have occurred on paper due to an asset's increased value but have not yet been cashed in by selling the asset.

Realized Profits

Refers to the gains earned and received from the sale of assets or investments, distinguished from those merely existing on paper.

Intercompany Sales

Transactions involving goods or services exchanged between subsidiaries within the same corporation, often used for internal accounting and tax purposes.

Unrealized Profits

Gains on investments or assets that have increased in value but have not yet been sold or cashed in.