In a common-size analysis of the income statement, the evolution over three years of which of the
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In a common-size analysis of the income statement, the evolution over three years of which of the following elements is the most relevant for a forecast of the future income of a firm
(a) Net income before taxes as a percentage of net sales
(b) Interest expense as a percentage of total interest bearing liabilities
(c) Exceptional income as a percentage of net income after taxes
(d) Personnel remuneration cost as a percentage of net sales revenue.
AppendixLO1
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Financial Accounting And Reporting A Global Perspective
ISBN: 9781844802500
2nd Edition
Authors: Michel J. Lebas, Herve Stolowy, Michael Lebas
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