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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 3: Working With Financial Statements
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    On a Common-Base Year Financial Statement, All Accounts Are Expressed
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On a Common-Base Year Financial Statement, All Accounts Are Expressed

Question 81

Question 81

Multiple Choice

On a common-base year financial statement, all accounts are expressed relative to the base:


A) Year amount.
B) Amount of sales.
C) Amount of total assets.
D) Net income.
E) Net cash flow.

Correct Answer:

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