In Common Size Analysis

question 93

Multiple Choice

In common size analysis

• A) a base amount is required.
• B) a base amount is optional.
• C) the same base is used across all financial statements analyzed.
• D) the results of the horizontal analysis are necessary inputs for performing the analysis.

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Definitions:

Business Serving

Activities performed by a business aimed at assisting and fulfilling the needs of its customers.

Kansas Exodus

The mass migration of African Americans from the southern United States to Kansas following the Reconstruction era, seeking political and social freedom.

Underground Railroad

Operating in the decades before the Civil War, a clandestine system of routes and safehouses through which slaves were led to freedom in the North.