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In addition to common - size financial statements, common - base year financial statements are often used. Common - base year financial statements are constructed

In addition to common-size financial statements, common-base year financial statements are often used. Common-base year financial statements are constructed by dividing the current year account value by the base year account value. Thus, the result shows the growth rate in the account.
Construct the common-size balance sheet and common-base year balance sheet for the company. Use 2020 as the base year. (Do not round Intermedlote calculatlons. Enter your common-slze answers as a percent ond your common-base year answers as a times. Round your common-size onswers to 2 declmal ploces, e.g.,32.16, and common-base year answers to 4 declmal places, e.g.,321616.)
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times. Round your common-size answers to 2 decimal places, e.g.,32.16, and common-base year onswers to 4 declmal places, e.g.,321616.)
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