The following information is provided from EZ Electronics' annual report for the years ended December 31:
-Refer to the EZ Electronics annual report above.Using vertical analysis,2012 gross profit would be represented as ________.
Definitions:
Social Security
Social Security is a government program that provides financial benefits to retirees, disabled individuals, and their families.
Official Measure
An officially recognized or approved method for determining a fact or figure, often used in statistics or research.
Lorenz Curve
A graphical representation of the distribution of income or wealth within a society, demonstrating inequality.
Income Distribution
The way in which a nation’s total earnings are spread among its population.
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