In common size income statement analysis, which is taken as 100 percent?
A) sales
B) cost of goods sold
C) purchases
D) total assets
Correct Answer:
Verified
Q1: Which of the following are Non-current assets?
A)land,
Q2: Financial statements are _.
A)anticipated facts
B)recorded facts
C)estimated of
Q3: Trend analysis is significant for _.
A)forecasting and
Q5: Comparative statement analysis sheet is _.
A)vertical analysis
B)horizontal
Q6: Financial statements are meaningful and useful only
Q7: Vertical analysis is made on the basis
Q8: Horizontal analysis is done by analyzing _.
A)quarterly
Q9: When the concept of ratio is defined
Q10: The relationship between two financial variables can
Q11: Stock is considered as a liquid asset
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