Using vertical analysis for the balance sheet, the base, set at 100%, is
A) total assets.
B) net income.
C) total stockholders' equity.
D) total liabilities.

Name: Using vertical analysis for the balance sheet, the base, set at 100%, is A) total assets. B) net income. C) total stockholders' equity. D) total liabilities.
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Question

Quizplus · Accepted Answer

In vertical analysis of a balance sheet, total assets are used as the base, set at 100%, and all other items are expressed as a percentage of total assets.

Using Vertical Analysis for the Balance Sheet, the Base, Set