Please refer to the vertical analysis of a section of a balance sheet,shown below:
Which of the following statements is valid regarding the data shown above?
A) Other non-current assets dropped 5.5% over the two year period.
B) In 2017, Inventory represented 13.9% of net sales revenues.
C) Cash grew 3.7% over the previous year balance.
D) Property, plant and equipment grew as a percentage of total assets over the two year period.
Correct Answer:
Verified
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