Common-size statements ________. A show the same percentages that appear in a horizontal analysis B create a dollar value bias C allow the users to compare numbers in relative terms rather than absolute amounts D report dollar amounts and percentages

Common-size statements ________. A show the same percentages that appear in a horizontal analysis B create a dollar value bias C allow the users to compare numbers in relative terms rather than absolute amounts D report dollar amounts and percentages

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 1AP

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Question

Common-size statements ________.

A	show the same percentages that appear in a horizontal analysis
B	create a dollar value bias
C	allow the users to compare numbers in relative terms rather than absolute amounts
D	report dollar amounts and percentages

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