Vertical analysis would rarely be performed on which of the following?
A)Income statement
B)Schedule of depreciation
C)Balance sheet
D)All of the above are common targets of vertical analysis.

Question

Quizplus · Accepted Answer

Vertical analysis is used to examine the relationship of each item in a financial statement to a specified base item. Since the schedule of depreciation is not a financial statement, vertical analysis would not be performed on it.

Vertical Analysis Would Rarely Be Performed on Which of the Following