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    Principles of Financial Accounting Study Set 1
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    Exam 17: Financial Statement Analysis
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    In Performing a Vertical Analysis for a Service Company, the Base
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In Performing a Vertical Analysis for a Service Company, the Base

Question 101

Question 101

Multiple Choice

In performing a vertical analysis for a service company, the base for salaries expense is


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

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