ACC 556 STR Course Great Wisdom / tutorialrank.com ACC 556 STR Course Great Wisdom / tutorialrank.com | Page 60

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
Cash Sales
Capital Expenditures
Dividends Paid

48,000
130,000
22,000
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?