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Common-size financial statements a. allow for an easy comparison of balance sheets and income statements across firms in the industry. b. provide quantitative clues about
Common-size financial statements
a. | allow for an easy comparison of balance sheets and income statements across firms in the industry. | |
b. | provide quantitative clues about the direction that the firm is moving. | |
c. | are obtained by dividing all income statement accounts by net sales and all balance sheet accounts by total assets. | |
d. | All of these choices are correct |
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