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Q: In performing a vertical analysis, the base for sales revenues on the income statement is
A: In performing a vertical analysis, the base for sales revenues on the income statement is net sales.
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Asked 2/11/2013 5:46:36 PM
Updated 11/26/2015 5:42:50 PM
1 Answer/Comment
Flagged by emdjay23 [11/26/2015 12:59:42 PM], Edited by Andrew. [11/26/2015 5:42:49 PM], Unflagged by Andrew. [11/26/2015 5:42:50 PM]
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In performing a vertical analysis, the base for sales revenues on the income statement is net sales.
Added 11/26/2015 12:59:43 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/26/2015 5:42:42 PM]
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