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18 February, 18:59

If total assets are $6,000, what is the vertical analysis for Cash when it has a balance of $2,400? A. 40% B. 60% C. 250% D. 25%

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  1. 18 February, 21:52
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    In a vertical analysis:

    Percentage of Base = (Amount of individual item) / (Amount of Base) x 100

    Percentage of Base = $6,000 / $2,400 x 100 =

    = 0.4 x 100 = 40%

    Answer:

    A. 40%
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