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If the assets shown on a balance sheet are subjected to vertical analysis (using total assets as the ...

If the assets shown on a balance sheet are subjected to vertical analysis (using total assets as the base), an increase in the figure for non-current assets from 40% to 55% would always mean that:
A) total non-current assets have increased as a percentage of total assets
B) the dollar amount of current assets has decreased
C) total current assets have decreased as a percentage of total assets
D) total non-current assets have increased as a percentage of total assets and total current assets have decreased as a percentage of total assets

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Exploring Microsoft Office 2013, Volume 2, Canadian Edition

Edition: 1^st

Authors: Grauer, Jenne, Igonor

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