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

question 132

Multiple Choice

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

• A)Net income.
• B)Gross profit.
• C)Sales.

---

Definitions:

Phenol

An organic compound consisting of a benzene ring bonded to a hydroxyl group, used in the production of plastics, explosives, and pharmaceuticals.

Tetrahedral Geometry

A geometric layout where four atoms are positioned at the vertices of a tetrahedron with a central atom in the middle.

Carbon Atoms

The basic building blocks of the molecules constituting living things and many materials, having four electrons available for bonding.

Nicotine

An addictive chemical found in tobacco products, known for its stimulating effects.