If total assets are $14,000, what is the vertical analysis for Cash when it has a balance of $8,000? (Round your answer two decimal places, X.XX%.)

A) 42.86%
B) 57.14%
C) 233.33%
D) 27.27%

Question

If total assets are $14,000, what is the vertical analysis for Cash when it has a balance of $8,000? (Round your answer two decimal places, X.XX%.)A)  42.86%B)  57.14%C)  233.33%D)  27.27%

Heather Robertson · Accepted Answer

Final Answer : B, Explanation :  57.14%Vertical analysis of an item like Cash in the context of total assets involves calculating the percentage that the item represents of the total assets. This is done by dividing the item's value by the total assets and then multiplying by 100. For Cash with a balance of $8,000 and total assets of $14,000, the calculation is ($8,000 / $14,000) * 100 = 57.14%.

If total assets are $14,000, what is the vertical analysis for Cash when it has a balance of $8,000? (Round your answer two decimal places, X.XX%.)

A) 42.86%
B) 57.14%
C) 233.33%
D) 27.27%

Definitions

Learning Objectives

Learning Objectives

Related questions

If total assets are $14,000, what is the vertical analysis for Cash when it has a balance of $8,000? (Round your answer two decimal places, X.XX%.) A) 42.86%B) 57.14%C) 233.33%D) 27.27%

Definitions

Learning Objectives

Learning Objectives

Related questions

If total assets are $14,000, what is the vertical analysis for Cash when it has a balance of $8,000? (Round your answer two decimal places, X.XX%.)

A) 42.86%
B) 57.14%
C) 233.33%
D) 27.27%