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the redwood company determined that its balance in its accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue. these findings are the result of

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Considering the situation described above, these findings are the result of "Vertical Analysis."

This is because Vertical Analysis is a form of analysis conducted in a business firm to express their financial statements.

It is written or described in percentages or proportional calculation.

In vertical analysis, the items on the documents are represented as a percentage of another item, such as accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue.

Hence, in this case, it is concluded that the correct answer is "Vertical Analysis."

Learn more here: https://brainly.com/question/16791825

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