Which of these can be used by interested parties to identify changes in corporate performance?
A) common-size financial statements
B) industrialized financial statements
C) sanitized financial statements

Question

Quizplus · Accepted Answer

Common-size financial statements are used to analyze and compare the financial statements of a company over time or with other companies within the same industry, by converting the financial statements into percentages of a common base figure. This makes it easier to identify changes in corporate performance.

Which of These Can Be Used by Interested Parties to Identify