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    Exam 10: Using Financial Statement Analysis to Evaluate Firm Performance
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    The Following Information Is Provided from Ace Electronics' Annual Report\(\bold{2012}\)
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The Following Information Is Provided from Ace Electronics' Annual Report 2012\bold{2012}2012

Question 160

Question 160

Multiple Choice

The following information is provided from Ace Electronics' annual report for the years ended December 31:
 The following information is provided from Ace Electronics' annual report for the years ended December 31:   -Refer to the Ace Electronics annual report above.Using horizontal analysis with 2010 as the base year, \bold{2012}  Gross profit would be represented as ________. A) 88% B) 12% C) (3%)  D) 13%
-Refer to the Ace Electronics annual report above.Using horizontal analysis with 2010 as the base year, 2012\bold{2012}2012 Gross profit would be represented as ________.


A) 88%
B) 12%
C) (3%)
D) 13%

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