An Open-Ended Question Cannot Be Answered with a Simple Yes

question 14

True/False

An open-ended question cannot be answered with a simple yes or no .

---

Definitions:

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) is represented as a proportion of the total account.

Debt To Total Assets Ratio

A financial metric that indicates the percentage of a company's assets that are financed by debt.

Interest On Debt

The cost incurred by an entity for borrowing funds, which is paid as a fee over time to the lender.