In horizontal analysis,the base year is the most current year being examined.
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Q31: When using an index number,one sets the
Q32: A primary purpose of vertical analysis is
Q33: Vertical analysis will reveal the percentage of
Q34: In a common-size income statement,net sales is
Q35: A 20 percent change in net sales
Q37: In a common-size balance sheet,total liabilities are
Q38: Trend analysis requires the establishment of a
Q39: The most complete financial newspaper in the
Q40: Vertical analysis is the same as trend
Q41: Declining profitability and liquidity ratios are indications
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