Jack is comparing Team Shirts to Xtreme T's.He found that the gross profit ratio was 47% for Team Shirts and 50% for Xtreme T's.This is an example of ________ analysis.
A)horizontal
B)vertical
C)time-series
D)ratio

Question

Quizplus · Accepted Answer

The comparison of the gross profit ratio for Team Shirts and Xtreme T's is an example of ratio analysis, which involves computing and comparing various financial ratios to evaluate a company's performance and financial position. Horizontal analysis involves comparing financial data over consecutive periods, vertical analysis involves expressing financial data as a percentage of a base amount, and time-series analysis involves analyzing data over a period of time to identify trends and patterns.

Jack Is Comparing Team Shirts to Xtreme T's