Question

1. This year, Company A reported higher revenue than Company B and C.
2. Last year, Company C reported higher revenue than Company A and B.
3. Company A's total revenue for the last 2 years (last year and this year) was higher than Company B
If the first two statements are true, then the third statement is:​

Answer 1

True is the answer

A is high this year and B was never high in any of the year

Answer 2

Answer:

The third statement is true.

Explanation:

We know that Company A reported higher revenue than Company B and C this year. We also know that Company C reported higher revenue than Company A and B last year. This means that Company A's revenue this year must have been higher than Company C's revenue last year. Therefore, Company A's total revenue for the last 2 years must be higher than Company B's.

Here is a table that summarizes the information from the three statements:

Year                                Company A Company B Company C

This year                                  Higher Lower Lower

Last year                                         Lower Higher Higher

Total revenue for last 2 years Higher Lower Lower