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-Which of the Following Would Result from a Vertical Analysis

Question 15

Multiple Choice

-Which of the following would result from a vertical analysis of Robbins Corporation's balance sheet? A) Accounts receivable increased $10,000 or 40.0% during 2017. B) Inventories decreased $1,000 or 4.17% during 2017. C) Cost of goods sold increased $40,000 or 19.05% during 2017. D) Inventories are 5.11% of total assets for 2017
-Which of the following would result from a vertical analysis of Robbins Corporation's balance sheet?


A) Accounts receivable increased $10,000 or 40.0% during 2017.
B) Inventories decreased $1,000 or 4.17% during 2017.
C) Cost of goods sold increased $40,000 or 19.05% during 2017.
D) Inventories are 5.11% of total assets for 2017

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