Question: Common-size statement analysis A common size income statement for Creek Enterprises 2011 operations follows. Using the firms 2012 income statement presented in problems 3-18, develop

Common-size statement analysis

A common size income statement for Creek Enterprises 2011 operations follows. Using the firms 2012 income statement presented in problems 3-18, develop the 2012 common size income statement and compare it to 2011 statement. Which areas require further analysis and investigation?

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