billterrihopkin3850 billterrihopkin3850

11-08-2020
Business

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When preparing an income statement vertical analysis, each revenue and expense is expressed as a percent of net income.
A. True
B. False

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victoriasanzed victoriasanzed

11-08-2020

True , In vertical analysis for an income statement ,items of income statement are expressed as percentage of net sales.

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