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19 May 2025, 07:26
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Dropdown 1: 2022 to 2023
Dropdown 2: 2024
The chart shows a company’s performance from 2019 to 2024. Sales and cost (in billion USD) are plotted on the left vertical axis. The number of employees (in thousands) is plotted on the right vertical axis.
From each drop-down menu, select the option that creates the most accurate statement based on the information provided.
The cost incurred the greatest year-over-year percentage change from .
The company achieved its highest profit per employee in .
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Official Answer
Dropdown 1: 2022 to 2023
Dropdown 2: 2024
19 May 2025, 07:26
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Official Solution:
Drop-down 1:
No need to calculate the change for each year. We are looking for the highest ratio of change to the previous year’s value. From the chart, the largest overall change in cost occurs from 2022 to 2023 — a sharp drop. The 2022 cost is also relatively low compared to other years, which makes the ratio of change to base (2022) even higher. Therefore, the greatest year-over-year percentage change occurred from 2022 to 2023.
Drop-down 2:
Similarly for this question, no calculations are needed. The highest profit (sales minus cost) occurred in 2024, and that year also had the lowest number of employees. A high profit combined with a low employee count makes the profit per employee ratio (profit/employees) highest in 2024.
Correct answer:
Dropdown 1: "2022 to 2023"
Dropdown 2: "2024"
Bunuel
Drop-down 1:
No need to calculate the change for each year. We are looking for the highest ratio of change to the previous year’s value. From the chart, the largest overall change in cost occurs from 2022 to 2023 — a sharp drop. The 2022 cost is also relatively low compared to other years, which makes the ratio of change to base (2022) even higher. Therefore, the greatest year-over-year percentage change occurred from 2022 to 2023.
Drop-down 2:
Similarly for this question, no calculations are needed. The highest profit (sales minus cost) occurred in 2024, and that year also had the lowest number of employees. A high profit combined with a low employee count makes the profit per employee ratio (profit/employees) highest in 2024.
Correct answer:
Dropdown 1: "2022 to 2023"
Dropdown 2: "2024"
