indicates a company's ability to meet currently maturing obligations. None of the above answers is correct. Question 9 4 pts When using vertical analysis, net cost of goods sold is the 100% benchmark against which all other income statement amounts are compared. net cost of goods sold is the 100% benchmark against which all other balance sheet amounts are compared. net sales is the 100% benchmark against which all other income statement amounts are compared. net sales is the 100% benchmark against which all other balance sheet amounts are compared. horizontal analysis cannot be applied to the same company, D Question 10 4 pts