An advantage of common-size analysis is that a. the size of dollar amounts impact the analysis. b.
Question:
An advantage of common-size analysis is that
a. the size of dollar amounts impact the analysis.
b. larger companies will have higher common-size percentages.
c. the effects of size are eliminated.
d. it focuses only on vertical analysis.
e. it focuses only on horizontal analysis.
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The correct answer is C The effects of size are eliminated One advantage of commonsize analysis is t...View the full answer
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Related Book For 
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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