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Author Question: Horizontal analysis is a percentage method of analyzing financial statements whereby each item on ... (Read 124 times)

skymedlock

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on: Jun 24, 2018
Horizontal analysis is a percentage method of analyzing financial statements whereby each item on the statement is expressed as a percentage of a base amount. For balance sheets, the base is assets, and for income statements, the base is net sales.
  Indicate whether the statement is true or false

Question 2

For every 10,000 square feet of lumber used, 116.8 square feet is scrap. What percent of the lumber is scrap? (Round to the nearest tenth of a percent)


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mceravolo

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

1.2


skymedlock

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

helenmarkerine

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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