Vertical analysis is a technique for evaluating financial statement data by expressing each item in a financial statement as a percent of a base amount in that statement.

a. true
b. false

Ans: a. true

Business

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An example of a _____ is when banks lend too much money to over-extended companies, expecting bail-out help from their government.

Fill in the blank(s) with the appropriate word(s).

Business

Managers communicate to _____

a. obtain timely information b. build relationships c. develop support for their ideas d. all of the above

Business