A vertical analysis of a balance sheet shows that current assets have increased from 42% to 56%.

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A vertical analysis of a balance sheet shows that current assets have increased from 42% to 56%. This means that

A. the dollar amount of total assets has increased.

B. the dollar amount of long-term assets has increased.

C. the dollar amount of total assets has decreased.

D. current assets have increased as a percentage of total assets.

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Auditing A Practical Approach

ISBN: 9780730382645

4th Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton

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Posted Date: Dec 08, 2023 12:33 PM

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A vertical analysis of a balance sheet shows that current assets have increased from 42% to 56%.

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Auditing A Practical Approach

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