Common-Size Statements

question 72

Multiple Choice

Common-size statements:

• A)Reveal changes in the relative magnitude of each financial statement item.
• B)Do not emphasize the relative magnitude of each item.
• C)Compare financial statements over time.
• D)Show the dollar amount of change for financial statement items.
• E)Consist of two or more balance sheets arranged side-by-side.

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Definitions:

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