Hopper, Inc. Use the information from Hopper, Inc. to answer the following question.

2018

2017

Operating revenues

$1,900,000

$1,600,000

Operating expenses

1,400,000

1,100,000

Income taxes

200,000

200,000

Read the information about Hopper, Inc. Which statement best represents Hoppers performance?

	a.	Hoppers profit margin ratio decreased.
	b.	Hopper has become more profitable.
	c.	Hoppers increase in operating revenues increased the companys net income.
	d.	Hoppers operating expenses as a percentage of operating revenues remained the same.