Selected Data for Sorenta,Inc

question 215

Multiple Choice

Selected data for Sorenta,Inc.and New World Corp. ,two companies in the same industry,are presented below: Based on this data,which statement below is true?

• A)Sorenta,Inc.has a lower gross profit ratio than New World Corp.
• B)New World Corp has a higher net income than Sorenta,Inc.
• C)New World Corp sells its inventory faster than Sorenta,Inc.
• D)Sorenta,Inc.has lower storage costs and a lower investment in inventory than New World Corp.

---

Definitions:

Life Cycle

A series of stages through which living things pass from the beginning of their life until their death.

Personality Traits

Enduring patterns of thought, feeling, and behavior that distinguish individuals from one another.

Life Outcomes

The various results or outcomes that emerge from a person's life experiences, encompassing areas such as health, career, and relationships.

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together.