The following are line items from the vertical analysis of an income statement: Amount Percent...

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Accounting

The following are line items from the vertical analysis of an income statement:
Amount Percent
Total revenues $600,300%
Total expenses ,400200??
Net income ,$200??100%??
What needs to be changed on the statement?
a. Total revenues should be the base expressed as 100%.
b. None of these changes should be made.
c. The percentage for total expenses should be 33%.
d. The percentage for net income should 25%.
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