In horizontal analysis, each item is expressed as a percentage of the: (a) net income amount. (b)
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In horizontal analysis, each item is expressed as a percentage of the:
(a) net income amount.
(b) stockholders' equity amount.
(c) total assets amount.
(d) base-year amount.
AppendixLO1
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471691952
3rd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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