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Business, 26.03.2021 06:20 willowcollins3753

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

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