Vertical analysis can be used to analyze changes exceptO a. on a balance sheet.O b. on an income statement.C. on a statement of cash flows.O d. overtime.

The vertical analysis is performed to analyse the various elements of financial statements during…

Answered: Vertical analysis can be used to…

Vertical analysis can be used to analyze changes except a. on a balance sheet. O b. on an income statement. O c. on a statement of cash flows. O d. over time.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 17MC: Which statement is most directly affected by a change to net income? A. balance sheet B. income...

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Vertical analysis can be used to analyze changes except
O a. on a balance sheet.
O b. on an income statement.
C. on a statement of cash flows.
O d. over
time.

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