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Question 19 1 pts What are the common size financial statements? O Statements that express each account on the balance sheet as a percentage of

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Question 19 1 pts What are the common size financial statements? O Statements that express each account on the balance sheet as a percentage of total assets and each account on the income statement as a percentage of net sales. O Statements that standardize financial data in terms of trends. O Statements based on common sense and judgment. O Statements that relate the firm to the industry in which it operates

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