Question
12. In a common-size balance sheet, the 100 percent amount is for A) merchandise inventory. B) total property, plant and equipment C) total current assets.
| 12. | In a common-size balance sheet, the 100 percent amount is for | |
|
| A) | merchandise inventory. B) total property, plant and equipment |
|
| C) | total current assets. D) total assets |
| 10. | In a common-size income statement, the 100 percent amount is for | |
|
| A) | Net Sales. |
|
| B) | Cost of goods sold. |
|
| C) | Gross profit. |
|
| D) | Net income.
|
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Advances In Quantitative Analysis Of Finance And Accounting (Vol. 4)
Authors: Lee Cheng Few
2nd Edition
9812700218, 9789812700216
