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In: Accounting

1) what base amount is used for vertical analysis of an income statement? 2) what do...

1) what base amount is used for vertical analysis of an income statement?

2) what do profitability ratios represent?

3) what do liquidity ratios represent?

4) what do solvency ratios represent?

5) which ratios are usually formatted as percentages?

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Expert Solution

ekkarill92 answered 2 years ago
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