Please Refer to the Vertical Analysis of a Section of a Balance

question 135

Multiple Choice

Please refer to the vertical analysis of a section of a balance sheet, shown below: Which of the following statements is valid regarding the data shown above?

• A)Cash grew 3.7% over the previous year balance.
• B)In 2014, Inventory represented 13.9% of net sales revenues.
• C)Other long-term assets dropped 5.5% over the 2-year period.
• D)Property, plant and equipment grew as a percentage of total assets over the 2-year period.

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Definitions:

Complexity

A characteristic of a system or model that has multiple components which interact in varied and intricate ways.

Saccades

Rapid and simultaneous movements of the eye that adjust the focus of gaze from one point to another.

Poorly Illuminated Scenes

Visual environments that are not sufficiently lit, often making perception and navigation difficult.

Moving Things

The action or process of changing the position or location of objects or entities.