Denver Dynamics has gross revenues of $2,000,000. Oakland Enterprises has gross

Question

Denver Dynamics has gross revenues of $2,000,000. Oakland Enterprises has gross revenues of $2,500,000. Which of the following best compares the profitability of Denver and Oakland?

a. More information is needed for a meaningful comparison.

b. Oakland Enterprises is more profitable than Denver Dynamics, but the comparison can't be quantified.

c. Oakland Enterprises is only more profitable if it is smaller than Denver Dynamics.

d. Oakland Enterprises is more profitable is it is a larger firm than Denver Dynamics. e. Oakland Enterprises is 25% more profitable than Denver Dynamics.

Explanation / Answer

a.More information is needed for a meaningful comparison like profit and costs.

b.yes, Oakland Enterprises more gross revenues of $500,000

c.no

d.yes

e.yes

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