For each of the definitions, write the letter of the appropriate term in the space provided.
a. Total operating revenue
b. Total assets
c. Ratio analysis
d. Horizontal analysis
e. Statement of cash flows
f. Vertical analysis
1. A type of analysis that provides a comparison between the ending balance for the current year and the ending balance for the previous year for each item on a statement and shows the percentage of the change.
2. A type of analysis that shows the relationship of the component parts to the total.
3. The income statement figure on which the percentages are calculated using vertical analysis.
4. The balance sheet figure on which the asset percentages are calculated using vertical analysis.
5. The statement that reports the receipts and payments of cash and shows the change in the Cash account.
6. A report that lists financial information about the earnings, efficiency, and financial strength of a business.