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    College Accounting Study Set 5
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    Exam 24: Analysis of Financial Statements
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    Perform a Vertical Analysis of the Following Comparative Income Statements
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Perform a Vertical Analysis of the Following Comparative Income Statements

Question 47

Question 47

Essay

Perform a vertical analysis of the following comparative income statements for Cheng Corporation. Use net sales as the comparative base. Perform a vertical analysis of the following comparative income statements for Cheng Corporation. Use net sales as the comparative base.

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