A Financial Statement That Shows Each Line Item as a Percentage

question 53

Multiple Choice

A financial statement that shows each line item as a percentage of one key item on the statement is referred to as a:

• A)benchmarking.
• B)common-size statement.
• C)horizontal analysis.
• D)financial ratio analysis.

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Definitions:

Capture

The act of gaining control or possession of something, often referring to market share or resources.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded by consumers at those prices.

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