Which of these is known as the financial analysis that expresses balance sheet accounts as percentages of
Question:
Which of these is known as the financial analysis that expresses balance sheet accounts as percentages of total assets?
a. Horizontal analysis.
b. Vertical analysis.
c. Net worth analysis.
d. Expenditure analysis.
Balance SheetBalance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For 
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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