In vertical analysis
A) financial statements are expressed only in percentages
B) changes in a company's operating results and financial position over time are expressed in percentages as well as dollars
C) net income is usually expressed as 100% and all other components of the income statement are expressed accordingly
D) monetary relationships between items on one period's financial statements are expressed in percentages as well as dollars
Correct Answer:
Verified
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A)changes in a company's operating
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