Write T if the statement is true and hmn 6) Vertical analysis of financial statements statements. if the statement is false. 6) is accomplished by preparing oreparing common-size 7) Liquidity refers to how quickly an asset can be cons 8) The gross margin percentage is computed by dividing 7) 8) AY. Write your answer in the space provided or on a 9) Brihon Corporati separate sheet of paper. lces and sells a single product. Data concerning that product appear below: Selling price per unit Variable expense per unit Fixed expense per month 230.00 103.50 S S 518,650 Required: a. Assume the company's monthly target profit is $12,650. Determine the unit sales to attain that targ b. Assume the company's monthly target profit is $63,250. Determine the dollar sales to attain that ta profit 10) Haslem Inc, has provided the following data concerning its only product: S Selling price Current sales Break-even sales 100 per unit 37,300 units 26,483 units Required: Compute the margin of safety in both dollars and as a percentage of sales A-2