When using vertical analysis, we express balance sheet accounts as a percentage of a. Total assets. b. Total liabilities. c. Total stockholders’ equity. d. Sales.
When using vertical analysis, we express balance sheet accounts as a percentage of a. Total assets. b. Total liabilities. c. Total stockholders’ equity. d. Sales.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 11MCQ
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Question
When using vertical analysis, we express
a. Total assets.
b. Total liabilities.
c. Total
d. Sales.
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