When Using Vertical Analysis,we Express Income Statement Accounts as a Percentage

question 20

Multiple Choice

When using vertical analysis,we express income statement accounts as a percentage of:

• A)Net income.
• B)Gross profit.
• C)Sales.
• D)Total assets.

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Definitions:

Customer Relationship Management

Strategically tries to build lasting relationships with, and add value for, customers.

Information Technology

The use of computers, networks, and other electronic devices to store, process, and exchange data.

Operations Management

The area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services.

Workflow

The sequence of processes through which a piece of work passes from initiation to completion.