In performing vertical analysis, the base for inventory is:
A)total liabilities and stockholders' equity.
B)total assets.
C)total cash and cash equivalents.
D)total current assets.

Name: In performing vertical analysis, the base for inventory is: A)total liabilities and stockholders' equity. B)total assets. C)total cash and cash equivalents. D)total current assets.
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Question

Quizplus · Accepted Answer

In vertical analysis, the base for inventory is total assets because inventory is an asset.

In Performing Vertical Analysis, the Base for Inventory Is