Based on the following data, which company is the most profitable? Company A Company B Company C |Company D Operating profit $2,500 $6,000 $4,600 $4,500 Quantity sold 950 780 460 |1,000 Investment $2,000 $5,700 $4,000 $1,800 income Total comprehensive $1,000 income $1,650 $1,500 $1,700 Gross profit $5,000 $8,500 $8,200 $6,000 Selling price $1.30 $1.28 $3.80 $1.00 O Company C Company A O Company B Company D

Based on the following data, which company is the most profitable? Company A Company B Company C |Company D Operating profit $2,500 $6,000 $4,600 $4,500 Quantity sold 950 780 460 |1,000 Investment $2,000 $5,700 $4,000 $1,800 income Total comprehensive $1,000 income $1,650 $1,500 $1,700 Gross profit $5,000 $8,500 $8,200 $6,000 Selling price $1.30 $1.28 $3.80 $1.00 O Company C Company A O Company B Company D

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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