Question: Identify the correct statements about vertical common size financial statement analysis. Multiple select question. Depreciation expense is expressed as a percentage of total expenses. Each

Identify the correct statements about vertical common size financial statement analysis. Multiple select question. Depreciation expense is expressed as a percentage of total expenses. Each stockholders' equity item is expressed as a percentage of total assets. Each asset is expressed as a percentage of total assets. Several years' financial data are stated in terms of a base year. Each financial statement is examined from top to bottom on an annual basis

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