Given the Following Data: in Vertical Analysis, Accounts Receivable

question 85

Multiple Choice

Given the following data: In vertical analysis, Accounts Receivable, net would be expressed as: (Round your final answer to the nearest whole percent, X%.)

• A)3%.
• B)43%.
• C)7%.
• D)22%.

---

Definitions:

General Reserve

Funds set aside out of profits by a company to strengthen the financial position and to meet future unknown liabilities or losses.

NCI Journal

Journal entries related to Non-Controlling Interest, representing the equity in a subsidiary not attributable to the parent company.

Transfer

The act of moving assets, liabilities, or ownership rights from one entity or account to another.