In calculating common-sized ratios in a vertical and horizontal analysis, what is the base for calculating common-sized

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In calculating common-sized ratios in a vertical and horizontal analysis, what is the base for calculating common-sized ratios for the balance sheet?

A. Total assets 

B. Gross receipts 

C. Total liabilities 

D. Retained earnings.

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Fraud Examination Casebook With Documents

ISBN: 9781119349990

1st Edition

Authors: William H. Beecken, Clark A. Beecken

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