CHAPTER 3
FINANCIAL STATEMENT ANALYSIS
CHAPTER 3 QUESTIONS
1. Another term for vertical analysis is component analysis.
2. The base amount used for vertical analysis on the income statement is sales revenue.
3. The base amount used for vertical analysis on the balance sheet is total assets.
Chapter 3 Assignments
1.
2.
Chapter 3 Cases
1.
2.
3.
4.
