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Tomm Tomm
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6 years ago
Assume you are using total assets as the base in vertical analysis. Current assets in 2013 are 42%, and are 36% in 2014. This would always indicate that:
A) the current ratio has decreased
B) the dollar amount of current assets has decreased
C) total non-current assets have increased as a percentage of total assets
D) the dollar amount of non-current assets has increased
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Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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ACC 925

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