Operating income is $210,000 and operating expenses are $390,000. When using the vertical analysis technique for the statement of income, what number is shown for revenue?
A) 8.4%
B) -$140,000
C) 100%
D) $210,000

Question

Quizplus · Accepted Answer

In vertical analysis, revenue is always considered 100% as it serves as the base value against which all other items, such as operating income and expenses, are compared.

Operating Income Is $210,000 and Operating Expenses Are $390,000