ACC 556 ASSIST Invent Yourself/acc556assist.com ACC 556 ASSIST Invent Yourself/acc556assist.com | Page 53

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
$ 910,000
2014
$ 770,000
2013
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 ).
Net Income
$ 30,000
Average Total Liabilities
80,000
Average Current Liabilities
36,000
Cash Provided by Operations
48,000