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Which of the following statements is incorrect?

Which of the following statements is incorrect?

A.Common-size income statements have all items expressed as a percentage of net income.

B.Common-size financial statements allow analysts to compare different sized companies.

C.Common-size financial statements allow analysts to identify changes within a company over time.

D.Common-size balance sheets have all items expressed as a percentage of total assets.

Top Answer

Answer A.Common-size income... View the full answer

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Other Answers

C.Common-size financial statements... View the full answer

Option A.Common-size income... View the full answer

The correct answer is C. Common-size... View the full answer

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