Question 4 of 12 ABC has revenues of $22 million and expenses of $15 million. XYZ 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. Yist an income statement provides all the information needed to determine how el licks am: company is compared to another company. Yes on income statement provides all the nessures of a company's efficiency, noandless of scale. No: an income statement is only one memun uf a cumpany's performance can you canaid cally chums 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. D Previous Skip