compares only ending balances within the same accounts between two companies for a state Question 2 Vertical analysis of a balance sheet uses net sales as the 100% "base" and compares amounts to it uses total assets as the 100 % "base" and compares amounts to it. uses total stockholders' equity as the 100%"base" and compares amounts to it. cannot be done- only the income statement can be vertically analyzed. Question 3 z-Chapter 17 Sep 8 at 2:29pm z Instructions Question 1 1 pts Horizontal analysis compares beginning and ending balances within the same accounts for the same company for a stated year. O compares beginning and ending balances within the same accounts between two companies for a stated year. O compares only ending balances within the same accounts for the same company for a stated year. compares only ending balances within the same accounts between two companies for a stated year. 1 pts Question 2 Equlty as the 100% "base" and compares amounts to it. cannot be done -- only the income statement can be vertically analyzed. Question 3 1 pts The working capital of a corporation is calculated by subtracting current liabilities from current assets. The resulting number determines whether fixed assets may be depreciated for the current year. O is expressed as a fraction (or a ratio). is a measurement of the company's solvency. is a measure of the company's profitability. 1 pts Question 4 The earnings ner share ratio is very descriptive; it tells interested parties how much each share of