Question

Help! Short or no explanations! Answer right and you will have postivle feedback! Answer all 4, because accouding to the policy in a single post I can ask 4 questions! Thanks

Question 17 (of 33) 17 The comparison of a company's financial condition and performance to a base amount is known as: Financial reporting O Horizontal ratios. O Investment analysis Risk analysis. O Vertical analysis. 2020 MG

Answer 1

Answer 17: Vertical Analysis

Answer 18: 10.4%

Answer 19: 116.7% for year 2015 and 100% for 2014

Answer 20: 8.87%

Explanation:

For 17: Vertical analysis is a method of financial statement analysis in which each line item is listed as a percentage of a base figure within the statement.

For 18: ($ 397,500 - $ 360,000)/$ 360,000 = 0.104 or 10.4%

For 19: $ 151600/$ 129890 = 1.167 or 116.7% for 2015 and $ 129890/$129890 = 1 or 100%

For 20: S 16,000/$180,300 = 0.0887 or 8.87%

Please do not forget to like the answer if you find it useful. It encourages me to help the students by answering further questions.

Thank you