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How do you calculate vertical analysis of an income statement? A. ...

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Question

Accounting

How do you calculate vertical analysis of an income statement?
A.
Divide each line of the income statement by net sales per year.
B.
Take the cy minus py amount for each line. Then divide that amount by the prior year total amount for that line.
C.
Take the change in each line per year.
D.
Determine the quick ratio for each year.

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