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    Exam 16: How Well Am I Doing Financial Statement Analysis
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    Trend Percentages State Several Years' Financial Data in Terms of a Base
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Trend Percentages State Several Years' Financial Data in Terms of a Base

Question 177

Question 177

True/False

Trend percentages state several years' financial data in terms of a base year. For example, sales for every year would be stated as a percentage of the sales in the base year.

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