A common-size balance sheet will express accounts receivable as a percentage of
A)sales.
B)current assets.
C)net working capital.
D)total assets.
E)total owners' equity.

Name: A common-size balance sheet will express accounts receivable as a percentage of A)sales. B)current assets. C)net working capital. D)total assets. E)total owners' equity.
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Question

Quizplus · Accepted Answer

A common-size balance sheet expresses each line item as a percentage of total assets, so accounts receivable would be expressed as a percentage of total assets.

A Common-Size Balance Sheet Will Express Accounts Receivable as a Percentage