If Total Assets Are $14,000, What Is the Vertical Analysis

question 113

Multiple Choice

If total assets are $14,000, what is the vertical analysis for Cash when it has a balance of $8,000? (Round your answer two decimal places, X.XX%.)

• A) 42.86%
• B) 57.14%
• C) 233.33%
• D) 27.27%

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Definitions:

Adventure

An exciting or very unusual experience; participation in exciting undertakings or enterprises.

Nihilism

The view that nothing has any value or that there are no values.

Altruism

The thesis that one ought to act for the sake of the interests of others, rather than one’s own interests alone. See also ethical altruism; psychological altruism.

Luxury of Time

Refers to the privilege or condition of having ample time to pursue activities outside of basic survival needs or obligations.