One tool of financial analysis is common- size financial statements. Why do you think common-size income statements
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One tool of financial analysis is common- size financial statements. Why do you think common-size income statements and balance sheets are used? Note that the accounting statement of cash flows is not converted into a common-size statement. Why do you think this is?
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The Commonsize financial statements provide the financial manager with a ratio analys...View the full answer
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Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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