When performing vertical analysis on a balance,accounts receivable is calculated as a percentage of total assets.

Name: When performing vertical analysis on a balance,accounts receivable is calculated as a percentage of total assets.
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When performing vertical analysis, each item on a financial statement is expressed as a percentage of a base figure. In the case of a balance sheet, the base figure is usually total assets, so accounts receivable would be calculated as a percentage of total assets.

When Performing Vertical Analysis on a Balance,accounts Receivable Is Calculated