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.

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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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