Trend analysis requires the establishment of a base year for comparison purposes.
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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
Q36: In horizontal analysis,the base year is the
Q37: In a common-size balance sheet,total liabilities are
Q39: The most complete financial newspaper in the
Q40: Vertical analysis is the same as trend
Q41: Declining profitability and liquidity ratios are indications
Q42: Asset turnover is most closely associated with
Q43: Both profit margin and asset turnover affect
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