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Question 30 (5 points) A common-size income statement: a) presents every item on the income statement stated as a percentage of revenue. b) facilitates comparison
Question 30 (5 points) A common-size income statement: a) presents every item on the income statement stated as a percentage of revenue. b) facilitates comparison of larger and smaller firms. c) displays profitability ratios such as net income margin and operating margin. d) all of these statements are correct
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