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    Accounting Principles
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    Exam 18: Financial Statement Analysis
  5. Question
    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 127

Question 127

Multiple Choice

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


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

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