Vertical analysis is used to compare a balance sheet number, Ask an Expert

Accounting

Which of the following is true of vertical analysis?

Vertical analysis is used to compare a balance sheet number from a previous period with an income statement number for the current period.

Vertical analysis is used to study only the income statement.

Vertical analysis is generally used to study both the income statement and the balance sheet.

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Accounting Basics, Accounting

Category:- Accounting Basics
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