Question
A common size financial statement is a useful tool in performance evaluation because it enables the user to: A.compare one company's performance in different periods.
A common size financial statement is a useful tool in performance evaluation because it enables the user to:
A.compare one company's performance in different periods.
B.evaluate the direction a business is taking over a longer period of time.
C.evaluate relationships between key components in the financial statements.
D.compare companies of different sizes in the same industry.
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
8th edition
978-1-119-3904, 1119392422, 111939242X, 1119390451, 978-1119392422
