Question
One tool of financial analysis is common- size financial statements. Why do you think common-size income statements and balance sheets are used? Note that the
One tool of financial analysis is common- size financial statements. Why do you think common-size income statements and balance sheets are used? Note that the accounting statement of cash flows is not converted into a common-size statement. Why do you think this is?
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1 Common size financial statements helps the company to compare the company s performance with that ...
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Understanding Management
Authors: Richard L Daft, Dorothy Marcic
6th Edition
9780324581782, 324581785, 978-0324568387
