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Which of the following is a primary purpose for using common - size financial statements? To determine the effect of common accounting methods used in
Which of the following is a primary purpose for using commonsize financial statements?
To determine the effect of common accounting methods used in recognizing revenue and valuing assets
To evaluate trends in the relationship of expenses to sales and of individual assets to total assets
To ensure that business borrowers provide a standard amount of information in their financial statements
To determine whether business borrowers are following the same accounting practices in preparing financial statements
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