A vertical analysis of a financial statement reveals the relationship of each statement item to its base amount,which is 100%.

Name: A vertical analysis of a financial statement reveals the relationship of each statement item to its base amount,which is 100%.
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Question

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A vertical analysis expresses each financial statement item as a percentage of a base amount, typically 100%, making statement items easily comparable and reflect their relative importance in the whole statement.

A Vertical Analysis of a Financial Statement Reveals the Relationship