Which Is Generally Used as the Base Amount in Performing

question 86

Multiple Choice

Which is generally used as the base amount in performing a vertical analysis of an income statement?

• A)Total expenses
• B)Net sales
• C)Gross sales
• D)Gross profit

---

Definitions:

Refined Sugar

Sugar that has undergone a process to remove impurities and unwanted components, resulting in pure, crystalline sucrose.

Industrial Fiber

Man-made or natural fibers primarily used in the production of durable goods and industrial products instead of consumer apparel.

Refined Sugar

Sugar that has been processed to remove impurities and achieve a high level of purity and whiteness.

Crushing Process

In mining and industry, refers to the operation of reducing a material’s size by applying force, breaking it into smaller pieces for further processing or use.