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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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