An example of vertical analysis is that the cost of goods sold for 2015 is 129% of the amount from 2014.

Name: An example of vertical analysis is that the cost of goods sold for 2015 is 129% of the amount from 2014.
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Question

Quizplus · Accepted Answer

Vertical analysis compares various items within the same time period, expressing their relationship as a percentage of a base amount. Therefore, it is not possible for the cost of goods sold for 2015 to be 129% of the amount from 2014.

An Example of Vertical Analysis Is That the Cost of Goods