A Company Is Preparing a Common Size Balance Sheet and Wishes

question 108

Multiple Choice

A company is preparing a common size balance sheet and wishes the base amount to be the total amount of assets. What are the 2009 and 2010 common-size percents for cash?

• A) 21.52% in 2009 and 22.82% in 2010
• B) 7.90% in 2009 and 7.27% in 2010
• C) 8.58% in 2009 and 7.85% in 2010
• D) 19.30% in 2009 and 20.79 in 2010
• E) The percent cannot be computed for 2009 and 47.01% in 2010

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