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To prepare common-size financial statements, each line item needs to be calculated to a common-size percent. The formula for common-size percent is (_________) x 100.

To prepare common-size financial statements, each line item needs to be calculated to a common-size percent. The formula for common-size percent is (_________) x 100.

analysis amount - base amount

base amount + analysis amount

base amount/analysis amount

analysis amount/base amount

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