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Author Question: In preparing a common-size balance sheet, you express all account balances as a percentage of (Read 50 times)

ksmithunr

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Question 1

Common-size statements are especially useful in comparing
◦ companies of the same size.
◦ supplemental information included in the corporate annual report.
◦ companies of different sizes.
◦ a company's performance across time.

Question 2

In preparing a common-size balance sheet, you express all account balances as a percentage of
◦ total assets plus total liabilities minus stockholders' equity.
◦ total liabilities.
◦ total stockholders' equity.
◦ total assets.


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Marked as best answer by ksmithunr on Feb 5, 2023

gyvette

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ksmithunr

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


bimper21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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