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Old MathJax webview Oglethorpe Company reports the following information from the vertical analysis of its income statement Net income: 4.2% in 2021 3.9% in 2020

Old MathJax webview

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Oglethorpe Company reports the following information from the vertical analysis of its income statement Net income: 4.2% in 2021 3.9% in 2020 Which of the following statements could be logically concluded from the above data? OA. The company has improved the profit it makes per dollar of sales in 2021. OB. The company made higher net income in 2021 than in 2020. O C. The company made a higher gross profit in 2021 than in 2020. OD. The company's total net income increased by 0.3% in 2021. The beginning and ending balances of retained earnings for JAK Corporation are $185.000 and 5255,000 respectively. The income statement reported net income of $105.000. The beginning and ending balances of dividends payable was zero. How much dividends were paid during the year? O A $140 000 OB. $105.000 C. $0 CD. $35.000

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