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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
Stockholders‘ equity—common
Total stockholders‘ equity
Sales revenue
Net income
Number of shares of common stock
Common dividends
Preferred dividends
$400,000
200,000
280,000
120,000
25,000
8,000
9,000
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