Question
What is meant by presentation of financial statement information in common-size amounts rather than dollar amounts? Why is this type of presentation sometimes more meaningful
What is meant by "presentation of financial statement information in common-size amounts rather than dollar amounts?" Why is this type of presentation sometimes more meaningful than use of actual dollar amounts?
Can you provide some real life examples or scholar articles using common-size amounts?
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Accounting Information Systems
Authors: Robert Hurt
2nd Edition
78111056, 978-0078111051
