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    Financial Accounting Study Set 11
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    Exam 12: Financial Statement Analysis
  5. Question
    In Performing Vertical Analysis,the Base for Operating Expenses Is
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In Performing Vertical Analysis,the Base for Operating Expenses Is

Question 75

Question 75

Multiple Choice

In performing vertical analysis,the base for operating expenses is:


A) net sales.
B) gross profit.
C) net income.
D) operating income.

Correct Answer:

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