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If the Assets Shown on a Balance Sheet Are Subjected

Question 70

Multiple Choice

If the assets shown on a balance sheet are subjected to vertical analysis (using total assets as the base) , an increase in the figure for current assets from 56% to 60% would always mean that:


A) the dollar amount of noncurrent assets has increased.
B) the dollar amount of total assets has increased.
C) total current assets have increased as a percentage of total assets.
D) the dollar amount of current assets has increased.

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