The Vertical Analysis Statement of Bateman,Inc

question 94

Multiple Choice

The vertical analysis statement of Bateman,Inc.is as shown below:

The figure 47.0% shown for gross profit in 2017 signifies that the gross profit is ________.

• A)equal to 47.0% of net income
• B)increased by 47.0% over the previous year
• C)47.0% of net sales revenue
• D)47.0% of cost of goods sold

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Definitions:

Cavity of Uterus

The internal space within the uterus where the fetus develops during pregnancy.

Vagina

A muscular and tubular part of the female genital tract extending from the vulva to the cervix, the lower part of the uterus.

Uterine Tubes

Also known as Fallopian tubes, these are the tubes through which eggs travel from the ovaries to the uterus, and where fertilization typically occurs.

Oocyte

A female gametocyte or germ cell involved in reproduction; an immature ovum.