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Use the Information from Hopper Inc ​

-Read the Information About Hopper, Inc

Question 139

Multiple Choice

Use the information from Hopper Inc.to answer the following question(s) . 20172016 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 } & 2017 & 2016 \\\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 of the following statements is the best answer regarding the company's profit margin?


A) The profit margin was 15.8% in 2017.
B) The profit margin was 15.8% in 2016.
C) The profit margin was 31.5% in 2017.
D) The profit margin was 31.5% in 2016.

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