Given the following data: In vertical analysis,Accounts Receivable,net would be expressed as:
A)5%.
B)7%.
C)10%.
D)20%.

Question

Given the following data:  In vertical analysis,Accounts Receivable,net would be expressed as:
A)5%. 
B)7%. 
C)10%. 
D)20%.

Quizplus · Accepted Answer

To perform vertical analysis, we need to express each item as a percentage of a base item, which is typically the total assets or total liabilities and equity. However, we do not have that information in the given data. Therefore, we cannot perform vertical analysis on the given data as it is incomplete.

Given the Following Data: in Vertical Analysis,Accounts Receivable,net Would