Question: Chapter 6 provides various exhibits regarding common-size balance sheets or income statements. Refer to Exhibit 6.3 Common-size Financial Statements in the textbook and review the

Chapter 6 provides various exhibits regarding common-size balance sheets or income statements. Refer to Exhibit 6.3 Common-size Financial Statements in the textbook and review the common-size approach. Describe what "common-size" means and why it is used in financial analysis. Using Coca-Cola, perform common-size analysis on the balance sheets or income statements for at least two fiscal years, 2022 and 2021. What does the information tell you? How can you use that information to compare companies within the same industry?

Chapter 6 provides various exhibits regarding common-size balance sheets or income statements.

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