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Author Question: In preparing a common-size income statement, you express all revenue and expense accounts as a ... (Read 58 times)

kmcolvin

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Question 1

Unlike the percentage columns in a horizontal analysis, the columns in a common-size percentage statement can be totaled.
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Question 2

In preparing a common-size income statement, you express all revenue and expense accounts as a percentage of net income.
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Marked as best answer by kmcolvin on Feb 5, 2023

hariet5

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kmcolvin

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Reply 2 on: Feb 5, 2023
Wow, this really help


lcapri7

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Reply 3 on: Yesterday
Excellent

 

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