Select the Correct Statement Regarding Vertical Analysis

question 83

Multiple Choice

Select the correct statement regarding vertical analysis.

• A)Vertical analysis of the income statement involves showing each item as a percentage of sales.
• B)Vertical analysis of the balance sheet involves showing each asset as a percentage of total assets.
• C)Vertical analysis examines two or more items from the financial statements of one accounting period.
• D)All of these answer choices are correct.

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