Question: A Moving to another question will save this response. Question 12 Horizontal analysis Typically expresses balance sheet items as a percentage of sales Produces common-size

A Moving to another question will save this response. Question 12 Horizontal analysis Typically expresses balance sheet items as a percentage of sales Produces common-size financial statements Is used to analyze trends in performance over time Is a substitute for vertical analysis, which tends to be preferred by analysts A Moving to another question will save this response

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