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    Fundamental Accounting Principles Study Set 1
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    Exam 17: Analysis of Financial Statements
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    A Trend Percent, or Index Number, Is Calculated by Dividing
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A Trend Percent, or Index Number, Is Calculated by Dividing

Question 153

Question 153

True/False

A trend percent, or index number, is calculated by dividing the analysis period amount by the base period amount and multiplying the result by 100.

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