ACC 556 STR Course Great Wisdom / tutorialrank.com ACC 556 STR Course Great Wisdom / tutorialrank.com | Page 65

Total stockholders‘ equity
Sales revenue

280,000
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