Common-size financial statements are useful in:
A) Analyzing income statements.
B) Analyzing companies of different sizes.
C) Comparing different geographical regions of a company.
D) Alerting users of differences that should be explored and explained.
E) All of these answers are correct.

Question

Quizplus · Accepted Answer

Common-size financial statements are useful in analyzing income statements, comparing companies of different sizes, comparing different geographical regions of a company, and alerting users to differences that should be explored and explained.

Common-Size Financial Statements Are Useful In