Question 24 4 pt The process of representing each balance sheet item as a percentage of total assets and each income statement item as a percentage of total sales is called common-sizing account balancing marking up process improving. Question 6 What are three factors that managers can control that affect the firm's stock price? Economic shocks, laws and regulations, and the business environment The level of economic activity, the level of interest rates, and sales revenue The number of customers, the level of interest rates, and the accounting profits The magnitude, timing, and risk of the firm's cash flows