2023 Financial Performance for Leading Tech Startups Company Annual Revenue (millions) Employee Count DataFlow Corp $47.3 892 TechVision Inc $62.8...
GMAT Information and Ideas : (Ideas) Questions
Source: Prism
Information and Ideas
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EASY
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2023 Financial Performance for Leading Tech Startups
| Company | Annual Revenue (millions) | Employee Count |
|---|---|---|
| DataFlow Corp | $47.3 | 892 |
| TechVision Inc | $62.8 | 1,205 |
| CodeStream LLC | $38.9 | 634 |
The table presents 2023 financial data for three technology companies.
According to the table, what is DataFlow Corp's annual revenue?
A
\(\$38.9\text{ million}\)
B
\(\$47.3\text{ million}\)
C
\(\$62.8\text{ million}\)
D
\(\$892\text{ million}\)
Solution
Step 1: Decode and Map the Passage
Part A: Create Passage Analysis Table
| Text from Passage | Analysis |
|---|---|
| "2023 Financial Performance for Leading Tech Startups" |
|
| Table with Company, Annual Revenue (millions), Employee Count columns |
|
| "DataFlow Corp - $47.3 - 892" |
|
| "TechVision Inc - $62.8 - 1,205" |
|
| "CodeStream LLC - $38.9 - 634" |
|
Part B: Provide Passage Architecture & Core Elements
Main Point: The content presents comparative 2023 financial performance data for three technology startup companies.
Step 2: Interpret the Question Precisely
What's being asked? A specific data lookup - DataFlow Corp's annual revenue figure from the table
What type of answer do we need? A numerical value in millions of dollars that appears in the revenue column for DataFlow Corp
Step 3: Prethink the Answer
- Looking at our analysis, we need to find the revenue figure specifically associated with DataFlow Corp in the table
- From our breakdown, DataFlow Corp shows $47.3 million in annual revenue
- The question asks only about the revenue
Answer Choices Explained
A
\(\$38.9\text{ million}\)
✗ Incorrect
- This is CodeStream LLC's revenue figure, not DataFlow Corp's
B
\(\$47.3\text{ million}\)
✓ Correct
- This matches exactly what we see in the table for DataFlow Corp at $47.3 million
C
\(\$62.8\text{ million}\)
✗ Incorrect
- This is TechVision Inc's revenue figure, not DataFlow Corp's
D
\(\$892\text{ million}\)
✗ Incorrect
- This uses DataFlow Corp's employee count but incorrectly labels it as revenue
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