Common-size financial statements are useful in:
A) Analyzing income statements.
B) Analyzing companies of different sizes.
C) Alerting users of differences that should be explored and explained.
D) Comparing different geographical regions of a company.
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, alerting users to differences that should be explored, and comparing different geographical regions, making all the options correct.

Common-Size Financial Statements Are Useful In