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Hopper,Inc ​
-Read the Information About Hopper,Inc

Question 124

Multiple Choice

Hopper,Inc.
Use the information from Hopper,Inc.to answer the following question.

20182017 Operating revenues $1,900,000$1,600,000 Operating expenses 1,400,0001,100,000 Income taxes 200,000200,000\begin{array} { l r r } & \mathbf { 2 0 1 8 } & \mathbf { 2 0 1 7 } \\\text { Operating revenues } & \$ 1,900,000 & \$ 1,600,000 \\\text { Operating expenses } & 1,400,000 & 1,100,000 \\\text { Income taxes } & 200,000 & 200,000\end{array}
-Read the information about Hopper,Inc.Which statement best represents Hopper's performance?


A) Hopper's profit margin ratio decreased.
B) Hopper has become more profitable.
C) Hopper's increase in operating revenues increased the company's net income.
D) Hopper's operating expenses as a percentage of operating revenues remained the same.

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