Which of the Following Statements Is False

question 28

Multiple Choice

Which of the following statements is false?

• A)Common-size balance sheets allow for comparison of firms with different levels of total assets by introducing a common denominator.
• B)The common-size balance sheet reveals the composition of assets within major categories.
• C)Each item on a common-size balance sheet is expressed as a percentage of sales.
• D)The common-size balance sheet reveals the capital and the debt structure of the firm.

---

Definitions:

Observations

Records or measurements of variables or phenomena of interest, collected during an experiment or study.

Sample

A selection from a broader population designed for the process of collecting data, through either observation or questioning, to generate statistical insights about that population.

Mean

The arithmetic average of a set of numbers computed by adding them together and dividing by the count of those numbers.

Median

The middle value in a data set when the values are arranged in ascending or descending order.