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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 Cost of Goods
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In Performing a Vertical Analysis the Base for Cost of Goods

Question 219

Question 219

Multiple Choice

In performing a vertical analysis the base for cost of goods sold is


A) total selling expenses.
B) net sales.
C) total revenues.
D) total expenses.

Correct Answer:

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