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    Financial Accounting Study Set 11
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    Exam 12: Financial Statement Analysis
  5. Question
    In Performing Vertical Analysis,the Base for Income Before Taxes Is
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In Performing Vertical Analysis,the Base for Income Before Taxes Is

Question 36

Question 36

Multiple Choice

In performing vertical analysis,the base for income before taxes is:


A) net income.
B) gross sales.
C) gross profit.
D) net sales.

Correct Answer:

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