Question: QUESTION 12 When conducting a vertical analysis on a balance sheet and utilizing the common-size percentage formula, the base amount used for calculating the liabilities

QUESTION 12

  1. When conducting a vertical analysis on a balance sheet and utilizing the common-size percentage formula, the "base amount" used for calculating the liabilities is:

    Total liabilities and stockholders equity

    Total stockholders equity

    Total liabilities

    Total Current Liabilities

    None of the above

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