The following information pertains to Marsh Company. Assume that
all balance sheet amounts represent average balance figures.
Total asset
$400,000
Stockholders‘ equity—common
200,000
Total stockholders‘ equity
280,000
Sales revenue
120,000
Net income
25,000
Number of shares of common stock
8,000
Common dividends
9,000
Preferred dividends
6,000
What is Marsh‘s payout ratio?
Question 14
A flexible budget
Question 15
A comparison with other companies that provides insight into a
company's competitive position is most commonly known as which of
the following types of comparisons?
Question 16
Assume the following sales data for a company:
2015
2014
2013
$910,000
$770,000
700,000
If 2013 is the base year, what is the percentage increase in sales from
2013 to 2014?
Question 17
Laser Performance Inc. has the following information available
(amount in thousands).