What base amount is usually assigned a 100% value in a vertical analysis of the (a) Statement

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What base amount is usually assigned a 100% value in a vertical analysis of the
(a) Statement of financial position
(b) Income statement?

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Related Book For answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 10:45 AM

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What base amount is usually assigned a 100% value in a vertical analysis of the (a) Statement

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Financial Accounting Tools for Business Decision Making

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