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    Exam 17: Financial Statement Analysis
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    In Horizontal Analysis, Each Item Is Expressed as a Percentage
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In Horizontal Analysis, Each Item Is Expressed as a Percentage

Question 6

Question 6

Multiple Choice

In horizontal analysis, each item is expressed as a percentage of the


A) base year figure
B) retained earnings figure
C) total assets figure
D) net income figure

Correct Answer:

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