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Author Question: A comparison of items on the income statement to gross sales is called a vertical analysis. ... (Read 149 times)

kellyjaisingh

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on: Jun 24, 2018
A comparison of items on the income statement to gross sales is called a vertical analysis.
  Indicate whether the statement is true or false

Question 2

The vertical analysis of the income statement for a company that has cost of goods sold of 39,000 and net sales of 106,000 will be 27.2.
  Indicate whether the statement is true or false


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Mollythedog

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

FALSE


kellyjaisingh

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

ryansturges

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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