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Director
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farm equipment [#permalink] New post 19 Jan 2005, 18:45
A United States manufacturer of farm equipment reported a 1988 third-quarter net income of $32 million, compared with $25.5 million in the third quarter of 1987. This increase was realized despite a drop in United States retail sales of farm equipment toward the end of the third quarter of 1988 as a result of a drought.
Which of the following, if true, would contribute most to an explanation of the increase in the manufacturer’s net income?
(A) During the third quarter of 1988, the manufacturer announced that it would add irrigation systems to its line of products.
(B) In the third quarter of 1988, the manufacturer paid no wages during a six-week strike, but stocks on hand were adequate to supply dealers.
(C) Sales in the United States of farm equipment made and sold by foreign companies were higher in the third quarter of 1988 than in any previous quarter.
(D) Official dealers of the manufacturer had low supplies of farm equipment during the third quarter of 1988.
(E) Eligible United States farmers benefited from a federal drought-relief fund late in the third quarter of 1988.
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 [#permalink] New post 19 Jan 2005, 21:02
A is my answer
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 [#permalink] New post 20 Jan 2005, 07:04
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Re: farm equipment [#permalink] New post 04 Apr 2014, 05:25
I think the answer is A
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Re: farm equipment [#permalink] New post 07 Apr 2014, 10:30
A) During the third quarter of 1988, the manufacturer announced that it would add irrigation systems to its line of products.
Re: farm equipment   [#permalink] 07 Apr 2014, 10:30
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