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  3. Study Set
    Fundamental Financial Accounting Concepts
  4. Exam
    Exam 13: Financial Statement Analysis
  5. Question
    A Vertical Analysis Uses Percentages to Compare Each of the Parts
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A Vertical Analysis Uses Percentages to Compare Each of the Parts

Question 39

Question 39

True/False

A vertical analysis uses percentages to compare each of the parts of an individual statement to the whole.For example,on an income statement each item would be shown as a percentage of net sales.

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