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    Cornerstones of Managerial Accounting
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    Exam 16: Financial Statement Analysis
  5. Question
    In Vertical Analysis, Line Items on the Balance Sheet Are
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In Vertical Analysis, Line Items on the Balance Sheet Are

Question 177

Question 177

Multiple Choice

In vertical analysis, line items on the balance sheet are generally expressed as a percentage of


A) total liabilities.
B) net income.
C) total assets.
D) cost of goods sold.

Correct Answer:

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