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Question 6 Horizontal analysis should be used only with income statement accounts. only when common-size statements are prepared. only with statement of stockholders' equity accounts.

Question 6

  1. Horizontal analysis should be used

    only with income statement accounts.

    only when common-size statements are prepared.

    only with statement of stockholders' equity accounts.

    on income statement and balance sheet accounts as warranted.

    only with balance sheet accounts.

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