Accounting: What the Numbers Mean
Accounting: What the Numbers Mean
11th Edition
ISBN: 9781259535314
Author: David Marshall, Wayne William McManus, Daniel Viele
Publisher: McGraw-Hill Education
Question
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Chapter 11, Problem 11.9P
To determine

Common-Size Balance Sheet:

Common-Size balance sheet is a type of balance sheet in which the assets are expressed as a percentage of total assets and liabilities and equity are expressed as a percentage of total liabilities and equity. It helps the interested parties of balance sheet to clearly understand the percentage of each individual component to total assets or total liabilities of the firm.

To prepare:

The common-size balance sheet of Campbell Soup Company for the period July 28th, 2013.

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