27.In a common size balance sheet, the 100% figare is: a. total property, plant and equipment b. total current assets e total liabilities. d. total assets. In a common size income statement, the 100% figure is: a. b. 28. net cost of goods sold. net income. c. gross profit d. net sales. 29.Assume the following sales data for a company: 2015 2014 $1,287,000 780,000 What is the percentage increase in sales from 2014 to 20157 a.100% b. 65% C. d. 165% 60.1% 30.In performing a vertical analysis, the base for cost of goods sold is a. total selling expenses. b. net sales. c. total expenses. d. gross proft 31.The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as a. solvency and leverage b. solvency and profitability c. solvency and liquidity d. solvency and equity