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
Cash Sales
48,000
130,000