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
Zoum Corporation had the following transactions during 2014: 1- Issued $ 125,000 of par value common stock for cash.