When preparing a vertical analysis for an income statement the denominator would be net sales True...
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When preparing a vertical analysis for an income statement the denominator would be net sales
True
False
5 points
QUESTION 6
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When calculating the percentage (%) column on a vertical analysis you would use absolute cell referencing on the
numerator
denominator
both numerator and denominator
neither the numerator or denominator
Homework Answers
1 ) True , In vertical analysis for an income statement ,items of income statement are expressed as percentage of net sales
2) denominator , percentage (%) column on a vertical analysis of net sales will be constant for every item,but numerator will keep changing.
Add Answer to:
When preparing a vertical analysis for an income statement the
denominator would be net sales
True...
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