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Assume the following sales data for a company: 2015 2014 2013 $910,000 $770,000 700,000 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 Average Total Liabilities Average Current Liabilities Cash Provided by Operations Cash Sales Capital Expenditures Dividends Paid $30,000 80,000 36,000 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? Question 19 Which one of the following is not a benefit of budgeting? Question 20 The single most important output in preparing financial budg