In a vertical analysis of the balance sheet,the 100% amount is
A)current assets.
B)working capital.
C)total assets.
D)total stockholders' equity.

Question

Quizplus · Accepted Answer

In a vertical analysis of the balance sheet, the 100% amount represents total assets. This analysis expresses all items as a percentage of total assets. Therefore, the sum of all items on the balance sheet should equal 100%.

In a Vertical Analysis of the Balance Sheet,the 100% Amount