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Horizontal analysis of the income statement can help in identifying which of the following? The percentage of sales attributed to administrative expenses in a single

Horizontal analysis of the income statement can help in identifying which of

the following?

The percentage of sales attributed to administrative expenses in a single period.

Trends in revenue growth over several periods.

The portion of gross profit as a percentage of total sales.

The relationship between current and non

-

current liabilities in a single year.

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