for common and preferred stock . only for common stock . 9- Multiple Choice Question 171 The acid-test ratio is also known as the current ratio . fast ratio . quick ratio . times interest earned ratio 10- Multiple Choice Question 70
In performing a vertical analysis , the base for sales revenues on the income statement is
net income . cost of goods available for sale . net sales . sales . 11- Multiple Choice Question 162
The order of presentation of nontypical items that may appear on the income statement is