Question: A common size financial statement is one in which each number is expressed: a) as a % of some base number f the firm (such

A common size financial statement is one in which each number is expressed:

a) as a % of some base number f the firm (such as total assets or revenues)

b) as % of an industry average (such as rate of return)

c) as a % of a stock market average ( such as marker capitalization)

d) as % of s national average

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