An analyst gathers the following information (in $ millions) about a company: | | Year 2 | Year 1 | |----------------|--------|--------| | Total assets | 90 | 100 | | Total liabilities | 36 | 40 | | Total net assets | 54 | 60 | Using vertical common-size balance sheet analysis, the company's total liabilities in Year 2 are closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz

Chartered Financial Analyst Level 1

Get started today

Ultimate access to all questions.

An analyst gathers the following information (in $ millions) about a company:

Year 2 Year 1
Total assets 90 100
Total liabilities 36 40
Total net assets 54 60

Using vertical common-size balance sheet analysis, the company's total liabilities in Year 2 are closest to:

	Year 2	Year 1
Total assets	90	100
Total liabilities	36	40
Total net assets	54	60

Exam-Like

Community

LLeetQuiz

Last updated: January 1, 2026 at 14:03

40%

Comments

Loading comments...

Chartered Financial Analyst Level 1

Get started today

An analyst gathers the following information (in $ millions) about a company: Year 2Year 1Total assets90100Total liabilities3640Total net assets5460 Using vertical common-size balance sheet analysis, the company's total liabilities in Year 2 are closest to:

Comments

An analyst gathers the following information (in $ millions) about a company:

Year 2 Year 1
Total assets 90 100
Total liabilities 36 40
Total net assets 54 60

Using vertical common-size balance sheet analysis, the company's total liabilities in Year 2 are closest to: