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1.Vertical analysis looks at _______. percentage changes in the balances shown in comparative financial statements individual financial statement items expressed as a percentage of a
1.Vertical analysis looks at _______.
- percentage changes in the balances shown in comparative financial statements
- individual financial statement items expressed as a percentage of a base (which represents 100%)
- the dollar amount of the change in various financial statement amounts from year to year
- the change in key financial statement ratios over a specified period of time
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
