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Which of the following is NOT true of common-sized statement analysis? Question content area bottom Part 1 A. When the ratio of expenses versus sales
Which of the following is NOT true of common-sized statement analysis? Question content area bottom Part 1 A. When the ratio of expenses versus sales is used to express expenses as a percentage of sales, it is called an operating ratio. B. The percentages allow you to compare statements as if they were the "same-size." C. It provides detailed information about where your company stands relative to other industries. D. It allows you to notice changes in your costs from month to month or year to year. E. It allows you to compare the income statements from different months or years more easily
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