Describe the construction of a common-size income statement. Why is the selection of the base (the number
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Describe the construction of a common-size income statement. Why is the selection of the base (the number selected as the 100% figure) so important? Discuss how common-size statements are used in a vertical analysis of the income statement.. LOP95
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Related Book For 
Financial Accounting Reporting And Analysis
ISBN: 9780324149999
6th Edition
Authors: Earl K. Stice, James Stice, Michael Diamond, James D. Stice
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