Question
Vertical Analysis Vertical analysis is the comparison of financial statements by representing each line item on the financial statement as a percentage of another
Vertical Analysis Vertical analysis is the comparison of financial statements by representing each line item on the financial statement as a percentage of another line item. When analyzing the income statement, which line item do you typically use as the denominator in the ratio?
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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
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