How to do a vertical analysis of a balance sheet

Asked by admin @ in Business viewed by 300 People

When performing vertical analysis of a balance sheet, the base amount is ________.

a.total cash and cash equivalents
b.gross profit
c.total assets
d.net income?

Answered by admin @


The answer is option "c". When performing vertical analysis of a balance sheet, the base amount is "total assets".

Total assets alludes to the aggregate sum of benefits possessed by a person or entity. Assets are things of financial value, which are consumed after some time to yield an advantage for the proprietor. In the event that the proprietor is a business, these benefits are normally recorded in the bookkeeping records and show up to be balance sheet of the business.

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