Please Refer to the Following Data

question 104

Multiple Choice

Please refer to the following data:

Which of the following statements is a valid conclusion based on this data?

• A) Profit in 2017 increased 12.6% over the prior year.
• B) Profit in 2017 went down because gross profit as a percentage of sales revenue declined over the two year period.
• C) Profitability in 2017 improved greatly, as profit increased significantly as a percentage of sales revenue.
• D) Profitability in 2017 took a dive as selling and general expenses increased by 30.8%.

---

Definitions:

Inactive

The state of not engaging in physical activity or not being currently in use or operation.

Scanty

Insufficient in amount or quantity; minimal or sparse.

Little

A term indicating a small size, amount, or degree of something.

Posttest

An examination or evaluation conducted after a course of study or period of training to assess what has been learned.