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In performing vertical analysis, the base for inventory is: A) total liabilities and stockholders' equity. B) total assets. C) total cash and cash equivalents. D)
In performing vertical analysis, the base for inventory is:
A) total liabilities and stockholders' equity.
B) total assets.
C) total cash and cash equivalents.
D) total current assets.
In performing vertical analysis, the base for income before taxes is:
A) net income.
B) gross sales.
C) gross profit.
D) net sales.
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