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Vertical analysis of comparative income statements would show cost of goods sold as a percentage of a. total assets. merchandise inventory. net...
9. Vertical analysis of comparative income statements would show cost of goods sold as a percentage of
a. total assets.
b. merchandise inventory.
c. net sales.
d. net income.
10. A measure of the ability of an enterprise to survive over a long period of time is a
a. liquidity ratio.
b. solvency ratio.
c. current ratio.
d. profitability ratio.