The Formula Used in Vertical Analysis of the Balance Sheet

question 20

True/False

The formula used in vertical analysis of the balance sheet is: (each balance sheet line item/total assets)= vertical %.

---

Definitions:

Buddhism

A religion founded in India by Siddhartha Gautama, the Buddha (ca. 566–480 BCE), originally derived from Hinduism and teaching that suffering is the universal condition of human existence.

Desire

A strong feeling of wanting to have something or wishing for something to happen.

Calvin Coolidge

The 30th President of the United States, known for his quiet demeanor and a laissez-faire approach to government.

Investment

The action or process of investing money for profit or material result.