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Two Income Statements for PS Enterprises Are Shown Below

Question 69

Multiple Choice

Two income statements for PS Enterprises are shown below:
Two income statements for PS Enterprises are shown below: Prepare a vertical analysis of PS Enterprises' income statements.Has operating income increased or decreased as a percentage of revenue? A) Yes,increased by 5% B) Yes,increased by 111% C) No,decreased by 5%. D) None are correct.
Prepare a vertical analysis of PS Enterprises' income statements.Has operating income increased or decreased as a percentage of revenue?


A) Yes,increased by 5%
B) Yes,increased by 111%
C) No,decreased by 5%.
D) None are correct.

Correct Answer:

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