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In which situation would you use a common-size balance sheet for analysis? Select an answer: To compare the asset mix between two companies of different

In which situation would you use a common-size balance sheet for analysis?

Select an answer:

  • To compare the asset mix between two companies of different sizes

  • To compare the total inventory dollars between two companies of different sizes

  • To compare the amount of cash on hand between two companies of different sizes

  • To compare the gross margin between two companies of different sizes

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