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A common-size financial statement is one in which each number is expressed as a percentage of some base number for the firm (such as total assets or

A common-size financial statement is one in which each number is expressed


as a percentage of some base number for the firm (such as total assets or revenues)


as a percentage of an industry average (such as rate of return)


as a percentage of a stock market average (such as market capitalization)


as a percentage of a national average (such as per capita GDP)

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as a percentage of some base... View the full answer

In common size analysis, we never use external number for computing the percentages. That means... View the full answer

The correct option is (A) as a percentage... View the full answer

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