Question: When preparing a vertical analysis for an income statement the denominator would be net sales True False 5 points QUESTION 6 When calculating the percentage

  1. When preparing a vertical analysis for an income statement the denominator would be net sales

    True

    False

5 points

QUESTION 6

  1. When calculating the percentage (%) column on a vertical analysis you would use absolute cell referencing on the

    numerator

    denominator

    both numerator and denominator

    neither the numerator or denominator

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