Common-size balance sheets are those that are prepared with numbers that reflect the common measures of a firm's revenues.

Name: Common-size balance sheets are those that are prepared with numbers that reflect the common measures of a firm's revenues.
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Common-size balance sheets are those that are prepared with numbers that reflect the common measures of a firm's assets and liabilities as a percentage of total assets or liabilities. They do not necessarily reflect the firm's revenues.

Common-Size Balance Sheets Are Those That Are Prepared with Numbers