Question: In common-size (vertical) financial statements analysis, A) all balance sheet items are divided by total liabilities. B) total sales are divided by total assets. C)

In common-size (vertical) financial statements analysis, A) all balance sheet items are divided by total liabilities. B) total sales are divided by total assets. C) all income statement items are divided by total sales. D) accrued taxes are divided by total sales. E) net income is divided by total assets.

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