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 ?