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    Financial Accounting Study Set 25
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    Exam 13: Financial Statement Analysis
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    In Performing a Vertical Analysis, the Base for Sales Revenues
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In Performing a Vertical Analysis, the Base for Sales Revenues

Question 189

Question 189

Multiple Choice

In performing a vertical analysis, the base for sales revenues on the income statement is


A) net sales.
B) sales revenue.
C) net income.
D) cost of goods available for sale.

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