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-Which of the Following Results Would Be Found Through a Vertical

Question 27

Multiple Choice

-Which of the following results would be found through a vertical analysis of the balance sheet or the income statement of Robbins Corporation? A) Accounts receivable increased $10,000 or 40.00% during 2017. B) Total assets increased $45,000 during 2017. C) Cost of goods sold is 59.52% of net sales for 2017. D) Cost of goods sold increased 19.05% during 2017.
-Which of the following results would be found through a vertical analysis of the balance sheet or the income statement of Robbins Corporation?


A) Accounts receivable increased $10,000 or 40.00% during 2017.
B) Total assets increased $45,000 during 2017.
C) Cost of goods sold is 59.52% of net sales for 2017.
D) Cost of goods sold increased 19.05% during 2017.

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