Sunshine Farm Supply Following Are Selected Data from the Financial

question 169

Multiple Choice

Sunshine Farm Supply Following are selected data from the financial statements of Sunshine Farm Supply:
Refer to the data for Sunshine Farm Supply.
Which of the following would not result from a vertical analysis of its balance sheet?

• A)Accounts receivable increased $22,000 or 36.7% during 2012.
• B)Accounts receivable is five times larger than Merchandise inventory in 2012.
• C)Accounts receivable is 13.3% of total assets for 2012.
• D)Merchandise inventory is 2.7% of total assets for 2012.

---

Definitions:

Education Level

A measure of the highest degree or level of school completed or level of literacy attained by an individual.

Junior Year

Junior Year typically refers to the third year of study in a four-year secondary or higher education program, often critical for academic specialization and preparation for future careers.

Downtown Washington

The central business district and a prominent cultural area in Washington, D.C., known for its historical landmarks and government buildings.

Statistical Software SAS

A software suite developed by SAS Institute for advanced analytics, multivariate analyses, business intelligence, data management, and predictive analytics.