Horizontal analysis: a) is typically used on the balance sheet rather than on the income statement. b) eliminates the effects of changes in volume in analyzing the relationship of income statement categories. c) is commonly used by financial analysts. d) reflects percentage changes from one year to the next in categories of the financial statements. e) two of the above f) three of the above g) None of the above O three of the answers are correct d two of the answers are correct none of the answers are correct b Question 10 1 pts Which ratio tells us what portion of our total assets is financed through debt? Acid Test Ratio None of the answers are correct Debt to Equity Ratio Quick Ratio Accounts Receivable Turnover