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Base amount that relates to a vertical analysis of the balance sheet (pick more than one): A) Total liabilities if a liability account, total assets
Base amount that relates to a vertical analysis of the balance sheet (pick more than one):
A) Total liabilities if a liability account, total assets if an asset account
B) If assets, current or long-term assets as appropriate. Same for liabilities.
C) Total equity for both assets and liabilities based on accounting equation.
D) none of the above
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