Question $8(1$ point$)$

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In vertical analysis, how is each item in a financial statement expressed?

Question $8$ options:

a$)$

as a ratio

b$)$

as a percentage of a base amount within the same financial statement

c$)$

as a dollar amount

d$)$

as a gain or a loss

Question $9(1$ point$)$

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Preparing a vertical analysis is the best way to

Question $9$ options:

a$)$

measure a company's ability to meet both its long$-$ and short$-$term financial obligations.

b$)$

study the relationship between the components of a financial statement.

c$)$

evaluate a series of financial statement data over a period of time.

d$)$

measure the profitability or operating success of a company for a given period of time.

Question $10(1$ point$)$

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In which of the following is net sales are represented by $100\%?$

Question $10$ options:

a$)$

a vertical analysis of a balance sheet

b$)$

a horizontal analysis of a balance sheet

c$)$

a horizontal analysis of an income statement

d$)$

a vertical analysis of an income statement