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    Cornerstones of Financial Accounting Study Set 3
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    Exam 12: Financial Statement Analysis
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    An Example of Vertical Analysis Is That the Cost of Goods
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An Example of Vertical Analysis Is That the Cost of Goods

Question 69

Question 69

True/False

An example of vertical analysis is that the cost of goods sold for the current year is 129% of the amount from the prior year.

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