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An analyst is examining an income statement that shows only

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Reference no: EM13567772

An analyst is examining an income statement that shows only percentages; all items are expressed in terms of a percentage of net sales. This type of analysis is often called:

  1. common-size analysis.
  2. horizontal analysis.
  3. comparative analysis.
  4. multiple-step analysis.

Reference no: EM13567772

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