Question: A common-size income statement is created by dividing all the income statement items by ; while a common-size balanace sheet is generated by dividing all

 A common-size income statement is created by dividing all the income

A common-size income statement is created by dividing all the income statement items by ; while a common-size balanace sheet is generated by dividing all the balance sheet items by Sales; Total equity Net income; Total equity Net income; Total assets Sales; Total assets Total assets; Total assets

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