ACC 556 STR Endless Education /uophelp.com ACC 556 STR Endless Education /uophelp.com | Page 54

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
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?