Common-Size Analysis Is Based on the Preparation of Common-Sized Financial

question 21

Multiple Choice

Common-size analysis is based on the preparation of common-sized financial statements,i.e. ,an income statement and a balance sheet presented in percentage of a base figure (indexed as 100) .What is generally the base for the income statement?

• A) Net income
• B) Net sales
• C) Exceptional revenue
• D) Interest expense

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Definitions:

Wildlife Photography

The art and practice of taking photographs of wild animals and nature scenes in their natural environment.

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