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Business, 19.12.2019 21:31 036501

All of the following statements regarding vertical analysis are true except:

a. vertical analysis may be prepared for several periods.
b. to analyze changes in relationships over time in a vertical analysis of an income statement, each item is stated as a percent of total expenses.
c. major differences between a company's vertical analysis and industry averages should be investigated.
d. in a vertical analysis of a balance sheet, each asset item is stated as a percent of total assets.

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All of the following statements regarding vertical analysis are true except:

a. vertic...
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