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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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