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In common-size financial statements A. All balance sheet items are divided by total liabilities B. Total sales are divided by total assets C. Depreciation expense

In common-size financial statements
A. All balance sheet items are divided by total liabilities
B. Total sales are divided by total assets
C. Depreciation expense is divided by total sales
D. Accrued taxes are divided by total sales
E. net income is divided by total assets

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