Vertical analysis is useful for analyzing financial statement changes over time.

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mohamad yahya bakri · Accepted Answer

Final Answer : True, Explanation :  Vertical analysis involves expressing each financial statement item as a percentage of a base item, typically total assets for the balance sheet and total revenue for the income statement. This allows for easier comparison of financial statement changes over time as well as across different companies and industries.

Vertical analysis is useful for analyzing financial statement changes over time.

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