In performing vertical analysis, the base for prepaid expense is ___

Total current assets

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Total assets

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Total liabilities

No worries! We‘ve got your back. Try BYJU‘S free classes today!

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
Total assets

In performing vertical analysis, the base for prepaid expense is total assets

Suggest Corrections

Similar questions

Q. In performing vertical analysis, the base for prepaid expense is .

Apply common size analysis to ABC Company's selling expenses given the following information: Selling expenses = Rs. 60,000; Revenue from Operations = Rs. 2,50,000; Total assets = Rs. 4,25,000; Total liabilities = Rs. 3,00,000.

Apply common size analysis to ABC Company's Shareholders' Fund given the following information:
Selling expenses = Rs. 60,000; total revenues = Rs. 2,50,000; Shareholders' Fund = Rs. 1,25,000, Total assets = Rs. 4,25,000; Total liabilities = Rs 3,00,000.

Q. ABC Co. has current assets of ₹50,000 and total assets of ₹1,50,000. It has a current liabilities of ₹30,000 and total liabilities of ₹80,000. What is the amount of the shareholders' fund?

Q. = Total assets – Total liabilities

Join BYJU'S Learning Program

In performing vertical analysis, the base for prepaid expense is ___

The correct option is B Total assets In performing vertical analysis, the base for prepaid expense is total assets

The correct option is B
Total assets

In performing vertical analysis, the base for prepaid expense is total assets