Expressing each item in a financial statement as a percentage of a base amount is known as _____________ analysis.
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Q47: _ before interest and tax divided by
Q48: An entity's profit margin is affected by
Q49: If the _ ratio is less than
Q50: Limitations of ratio analysis can be caused
Q51: The gross profit margin is calculated as
Q53: Which of the following statements concerning price
Q54: The _ turnover ratio measures the effectiveness
Q55: _ is excluded from the quick ratio
Q56: Average inventory divided by cost of sales
Q57: It is argued that the cash flow
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