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Which of the following chronological sequences of events is correct?
Common Size Percentages
Ratios used in financial analysis that express each line item on a financial statement as a percent of a base amount, facilitating comparison.
Operating Expenses
Costs incurred in the day-to-day operations of a business, excluding the cost of goods sold, such as rent, utilities, and salaries.
Return on Total Assets
Return on Total Assets (ROTA) is a financial ratio that measures a company's net income relative to its total assets, indicating how efficiently the company is using its assets to generate profit.
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