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What do common size statements tell you (pick all that are true): Shows the relative size of the major sources of financing. Provides a basis

What do common size statements tell you (pick all that are true):

Shows the relative size of the major sources of financing.

Provides a basis of comparison for the firm over time.

Allows for a comparison to other firms, especially for different size firms.

Demonstrates which accounts are most significant to a firm (in the pursuit of profits).

It gives a breakdown of major resources (assets) for a firm.

Illustrates the portion of revenue left after expenses as well as the relative portion of those expenses.

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