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 |
Cash Sales |
130,000 |
Capital Expenditures |
22,000 |
Dividends Paid |
6,000 |
What is the current cash debt coverage ? Question 18
Which of the following income statement figures would probably be the best indicator of a company ‘ s future performance ? Question 19
Which one of the following is not a benefit of budgeting ? Question 20
The single most important output in preparing financial budgets is the Question 21