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Which of the following is an advantage of a common-size income statement? a.It can tell the analyst a great deal about a firms efficiency and
Which of the following is an advantage of a common-size income statement?
a.It can tell the analyst a great deal about a firms efficiency and profitability
b. It reveals how effectively a firm has increased its assets
c. It reveals a great deal of information about the adequacy of a firms net working capital
d. It is very useful to assess how effectively a firm collected its accounts receivable.
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