Expressing accounts receivable as a percentage of total assets is an example of.

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04-05-2022
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Expressing accounts receivable as a percentage of total assets is an example of.

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Abiolataiwo2015idn Abiolataiwo2015idn · Answer 1 · 2022-05-12T05:51:36-04:00

Expressing accounts receivable as a percentage of total assets is an example of: Vertical analysis.

What is account receivable?

Account receivable is an asset and can be defined as the amount a company is expected to receive from their client for selling goods and service on credit to the client.

Vertical analysis is a method that is use to express Account receivable as a percentage of total asset based on the fact that it help to analyze a company financial statements by showing the percentage based on the figure.

Therefore Expressing accounts receivable as a percentage of total assets is an example of: Vertical analysis.

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What is account receivable?

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