49. Which of the following is the best reason to use a common-size analysis? a. To change financial information in different currencies into a common currency. b. To evaluate a company relative to its competitors. c. To calculate trend percentages. d. To assess nonfinancial measures of performance. e. None of the answer choices is correct. 50. On a common-size balance sheet, equipment should be stated as a percentage of: a. net sales. b. total assets. c. total liabilities. d. total long-term assets. e. None of the answer choices is correct. 51. All of the following ratios are used to evaluate short-term liquidity except: a. the receivable turnover ratio. b. the current ratio. c. the inventory turnover ratio. d. the gross margin ratio. e. None of the answer choices is correct. 52. Declan Inc. calculated its accounts receivable turnover for 2017 to be 20.0. Both years prior to 2017 showed accounts receivable turnovers to be 12.0. Based on this information, what is the best explanation for the change? a. The company had fewer accounts receivable in 2017 than the prior two years. b. The company had more sales in 2017 than in the prior two years. c. The company had fewer sales in 2017 than in the prior two years. d. The company took longer to collect their accounts receivable in 2017 than the prior two years. e. None of the answer choices is correct. 53. Division A has a building with the same original cost as Division B, except that it was purchased four years before Division B's building. If both divisions have identical operating incomes and use the net book value approach for calculating return on investment (ROD), which of the following will be true? a. Both divisions will have the same ROI. b. Division B will have a higher ROI. c. Division A will have a higher ROI d. More information is needed to answer this question. e. None of the answer choices is correct. OU! anta NIN