An American manufacturer of space heaters reported a 1994 fourth-quarter net income (total income minus total costs) of $41 million, compared with $28.3 million in the fourth quarter of 1993. This increase was realized despite a drop in U.S. domestic retail sales of space-heating units toward the end of the fourth quarter of 1994 as a result of unusually high temperatures.Which of the following, if true, would contribute most to an explanation of the increase in the manufacturer’s net income?

This quiz set has 75+ questions.

It is very, very challenging to score highly on the Verbal section. Scores above 44 are rare; anywhere in the 45 to 51 range puts you in the top 1% of test-takers.