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Which one of the following is not one of the most common types of comparisons used to improve the decision usefulness of financial information? 1

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Which one of the following is not one of the most common types of comparisons used to improve the decision usefulness of financial information? 1 Sustainable basis Industry averages Intracompany basis Intercompany basis Vertical analysis (common-size) percentages for Blossom Company's sales revenue, cost of goods sold, and expenses are listed here. 2022 2021 2020 Vertical Analysis Sales revenue Cost of goods sold 100.0 % 100.0 % 100.0 % 60.0 63.1 65.1 Expenses 24.0 26.0 28.0 (1) Calculate Blossom's net income as a percent of sales. (Round answers to 1 decimal place, e.g. 5.2.) 2022 2021 2020 Net income Using the following selected items from the comparative balance sheet of Blue Spruce Company, illustrate horizontal and vertical 3 analysis. (Round answers to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS December 31, 2023 December 31, 2022 December 31, 2023 December 31, 2022 Accounts Receivable $538,237 $473,800 % Inventory 353.441 292,100 % Total Assets 2.484.000 2,300,000 %

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