Dull Corporation has been producing and selling electric razors for the past ten years. Shown below are the actual net operating incomes for the last three years of operations at Dull: Dull Corporation's cost structure and selling price has not changed during its ten years of operations. Based on the information presented above, which of the following statements are true?
A)Dull Corporation operated above the breakeven point in each of the three years presented.
B)For the three years presented in total, Dull Corporation sold more units than it produced.
C)In Year 10, Dull Corporation produced fewer units than it sold.
D)In Year 9, Dull Corporation produced more units than it sold.

Question

Dull Corporation has been producing and selling electric razors for the past ten years. Shown below are the actual net operating incomes for the last three years of operations at Dull:  Dull Corporation's cost structure and selling price has not changed during its ten years of operations. Based on the information presented above, which of the following statements are true?
A)Dull Corporation operated above the breakeven point in each of the three years presented. 
B)For the three years presented in total, Dull Corporation sold more units than it produced. 
C)In Year 10, Dull Corporation produced fewer units than it sold. 
D)In Year 9, Dull Corporation produced more units than it sold.

Quizplus · Accepted Answer

The Answer of Dull Corporation has been producing and selling electric razors for the past ten years. Shown below are the actual net operating incomes for the last three years of operations at Dull:  Dull Corporation's cost structure and selling price has not changed during its ten years of operations. Based on the information presented above, which of the following statements are true?
A)Dull Corporation operated above the breakeven point in each of the three years presented. 
B)For the three years presented in total, Dull Corporation sold more units than it produced. 
C)In Year 10, Dull Corporation produced fewer units than it sold. 
D)In Year 9, Dull Corporation produced more units than it sold.

Dull Corporation Has Been Producing and Selling Electric Razors for the Past