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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
In performing a vertical analysis of an income statement, which of the following is generally used as the base amount?
A) Gross sales
B) Gross profit
C) Total expenses
D) Net sales
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
wrote...
8 years ago
Answers my question perfectly.
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