In a common size balance sheet,each item on the balance sheet is expressed as a percentage of:
A)Total assets.
B)Total liabilities.
C)Net income.
D)Total stockholders' equity.

Question

Quizplus · Accepted Answer

In a common size balance sheet, each item is expressed as a percentage of total assets. This allows for easier comparison between companies of different sizes, as well as identifying trends within a company's own financial statements over time.

In a Common Size Balance Sheet,each Item on the Balance