If total assets are $6,000,what is the vertical analysis for Cash when it has a balance of $2,400?
A)40%
B)60%
C)250%
D)25%

Question

Quizplus · Accepted Answer

Vertical analysis of a balance sheet item is calculated as the item amount divided by total assets, then multiplied by 100 to get a percentage. So, for Cash with a balance of $2,400 and total assets of $6,000, the calculation is ($2,400 / $6,000) * 100 = 40%.

If Total Assets Are $6,000,what Is the Vertical Analysis for Cash