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An analyst wants to compare one firms level of costs of goods sold and operating expenses last year to a competitor firms level of costs
An analyst wants to compare one firms level of costs of goods sold and operating expenses last year to a competitor firms level of costs of goods sold and operating expenses last year. Which one of the following financial statements provided for both firms would best help achieve this objective?
Group of answer choices
Pro forma income statement
Pro forma balance sheet
Common size balance sheet
Common size income statement
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