Vertical analysis is a tool to evaluate individual financial statement items or a group of items in terms of a specific base amount. when analyzing income statement accounts, the base is usually (revenue/expenses/net income) and for balance sheet accounts, the base is usually total (assets/liabilities/equity) .

Revenue is basically the income produced by business operations, and assets are resources with economic value owned by people or organizations which would provide future benefits.

Therefore, when analyzing income statement accounts, the base is usually revenue,  and for balance sheet accounts, the base is usually total assets.

stewards ice box was the purchase of alaska from russia and it was called that because people thought it was not a good idea to purchase alaska

so, colonists did not want to pay any taxes.  

colonists did not consider themselves british citizens.  

colonists felt no sense of obligation to britain.  

colonists objected to violations of their natural rights. are the answer choices?