Which of the following statement about Vertical Analysis is incorrect A) A vertically analyzed statement is sometimes referred to as common size B) The data found on the vertical analysis is useful in preparing budged income statement for the coming year C) Typical base number for the balance sheet is total assets D) Typical base number for the income statement is total assets

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Which of the following statement about Vertical Analysis is incorrect? A) A vertically analyzed statement is sometimes referred to as common size. B) The data

Which of the following statement about Vertical Analysis is incorrect?

A)	A vertically analyzed statement is sometimes referred to as common size.

B)	The data found on the vertical analysis is useful in preparing budged income statement for the coming year.

C)	Typical base number for the balance sheet is total assets.

D)	Typical base number for the income statement is total assets.

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