Question: True or False: Horizontal analysis compares information from one line item to a total base figure. On an income statement, the base figure is sales.

True or False: Horizontal analysis compares information from one line item

True or False: Horizontal analysis compares information from one line item to a total base figure. On an income statement, the base figure is sales. On a balance sheet, the base figure is total assets. Select one: True False

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