This topic contains a solution. Click here to go to the answer

Author Question: A comparison of items on the income statement to gross sales is called a vertical analysis. ... (Read 134 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mollythedog

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

FALSE

Answer to Question 2

FALSE




kellyjaisingh

  • Member
  • Posts: 540
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library