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Comparing each item on a financial statement with a total amount from the same statement is referred to as
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Comparing each item on a financial statement with a total amount from the same statement is referred to as

User Macksol
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15 votes

Answer: vertical analysis

Step-by-step explanation:

Vertical analysis is when each item on a financial statement is compared with a total amount from the same statement.

Vertical analysis refers to a financial statement analysis method whereby each line item in a statement is listed as a percentage of the base figure. In such case, each amount in the income statement will then be restated as a percentage of sales.

User Yogev Neumann
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