If Company A’s operating income percentage is higher than Company B’s operating income percentage, which of the following is true? a. Company A is making more money than Company B. b. A smaller...

If Company A’s operating income percentage is higher than Company B’s operating income percentage, which of the following is true?

a. Company A is making more money than Company B.

b. A smaller percentage of A’s sales dollars are used to cover expenses.

c. Cost of Goods Sold, as a percentage of Sales, is higher for B than for A.

d. All of the above are true.