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Which financial statement ratio is an example of horizontal analysis? a. accounts receivable turnover b. return...

Which financial statement ratio is an example of horizontal analysis?

a.

accounts receivable turnover

b.

return on assets

.

c

gross profit percentage

Financial Statements that express only percentages are known as_____________________.

a.

Profitability Statements

b.

Uncommon Size Statements

c.

Common Size Statements
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Answer #1

Answer - 1) c. Gross profit percentage

Gross profit is calculated and compared for variance in horizontal analysis.

Answer - 2) c. Common Size Statements

Financial statements which shows only percentage and no dollar amount, is known as common size statements.

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