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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asked Jan 19, 2018 55.2k views

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Loren Paulsen · Answer 1 · 2018-01-23T23:03:05+0000

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%

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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