Fractions or percentages computed by dividing one account or line-item amount by another are called a. ratios.
Question:
Fractions or percentages computed by dividing one account or line-item amount by another are called
a. ratios.
b. industry averages.
c. common-size statements.
d. dividend yields.
e. returns.
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The correct answer is C commonsize statements A commonsize statement is a financial statement where ...View the full answer
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Related Book For 
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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