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I must reply to another student's post. Just want to know how can I respond to this question? Did he explain it right or if
I must reply to another student's post. Just want to know how can I respond to this question? Did he explain it right or if anything could be added?
Below is the question and the student's response
Question- Please explain the advantage of common size financial statement analysis.
Response - The benefit in using common size analysis, it allows investors to identify the changes in a company's financial statement. For example, if a company is making money, it would also help to identify the reasonable cost per share.
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