Used as base for common sized balance sheet analysis

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1. The total assets dollar amount is typically used as a base for a common sized balance sheet analysis? true or false

2. Companies with higher inventory turnover ratios tend to have lower inventory costs, including lower inventory storage and insurance costs then copmpanys with lower inventory turnover ratios? true or false.

3. In general, managers prefer expenses as a percent of net sales to increase over time? true or false.

Reference no: EM131268083

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