content area top Part 1 Which of the following statements is NOT true of income statement ratios? Question content area bottom Part 1 A. Income statement ratios express line items as a percentage of sales. B. Analyzing a common-sized income statement makes it clear how each item is affecting the business's profit. C. Examining the income statement makes it easy to experiment with ways to improve your business. D. Expressing an item on the income statement as a percentage of sales makes it easier to see the relationship between items than when dollar values are used. E. Income statement ratios are created by dividing sales into each line item and multiplying by 10