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
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Based on the following data, which company is the most profitable?
Company A
Company B
Company C
Company D
Operating
$2,500
$6,000
$4,600
$4,500
profit
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
Company B
Company D
Transcribed Image Text:Based on the following data, which company is the most profitable? Company A Company B Company C Company D Operating $2,500 $6,000 $4,600 $4,500 profit 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 Company B Company D
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