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