If an analyst wishes to see how a company's selling and general expenses as a percentage of net sales have changed from one year to the next, which of the following types of financial statement analysis would be used?

Question

Quizplus · Accepted Answer

Vertical analysis is used to show each item on a financial statement as a percentage of a base figure, such as net sales, allowing for comparison of financial statement items over time.

If an Analyst Wishes to See How a Company's Selling