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Mobile Phones World just hired a new CFO. To get a feel for the company, he wants to compare the sales and costs over the
Mobile Phones World just hired a new CFO. To get a feel for the company, he wants to compare the sales and costs over the past three years to determine if any trends are present and also determine where the firm might need to make changes. Which one of the following statements will best match his purposes?
A.
Statement of cash flows
B.
Common-size income statement
C.
Income statement
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