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The first (earliest) year is generally the BASE YEAR, and amounts for subsequent years are presented not as amounts but as percentages of the BASE

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The first (earliest) year is generally the BASE YEAR, and amounts for subsequent years are presented not as amounts but as percentages of the BASE YEAR AMOUNT, with the base year assigned a value of 100%, or 100. (1 pt) a. Horizontal analysis b. Vertical analysis c. Common-sized analysis d. Ratio analysis

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