Net Sales |
$ 240 |
Cost of Goods Sold |
80 |
Gross Profit |
160 |
Operating Expenses |
65 |
Net Income |
$ 95 |
Using vertical analysis , what percentage is assigned to net income ? Question 13
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 :