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Qteslicri 4 c 12: ABC has revenues of $22 million and expenses of $15 million. K'r'Z has revenues of $150 million and expenses of $110

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Qteslicri 4 c" 12: ABC has revenues of $22 million and expenses of $15 million. K'r'Z has revenues of $150 million and expenses of $110 million. Can you determine which company is more efficient from these income statements? Select an answer: Yes; an income statement provides all the information needed to determine how efficient one company is compared to another company. Yes; an income statement provides all the measures of a company's efficiency, regardless of scale. No; an income statement is only one measure of a company's performance, so you cannot really choose which one is more efficient. No; the scale of XYZ's business is so much larger than ABC's, so you will not be able to determine which company is more efficient

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