Assume You Are Using Total Assets as the Base in Vertical

question 13

Multiple Choice

Assume you are using total assets as the base in vertical analysis. Current assets in 2013 are 42%, and are 36% in 2014. This would always indicate that:

• A) the current ratio has decreased
• B) the dollar amount of current assets has decreased
• C) total non-current assets have increased as a percentage of total assets
• D) the dollar amount of non-current assets has increased