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If total assets are $6,000, what is the vertical analysis for Cash when it has a balance of $2,400? A. 40% B. 60% C. 250% D. 25%
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Jan 19, 2018
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If total assets are $6,000, what is the vertical analysis for Cash when it has a balance of $2,400? A. 40% B. 60% C. 250% D. 25%
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Nikolay Elenkov
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In a vertical analysis:
Percentage of Base = (Amount of individual item) /(Amount of Base) x 100
Percentage of Base = $6,000 / $2,400 x 100 =
= 0.4 x 100 = 40%
Answer:
A. 40%
Loren Paulsen
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Jan 24, 2018
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Loren Paulsen
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