Question: On a common-size balance sheet all accounts for the current year are expressed as a percentage of: a.Total assets for the current year. b.Total equity

On a common-size balance sheet all accounts for the current year are expressed as a percentage of:

a.Total assets for the current year.
b.Total equity for the base year.
c.Total assets for the base year.
d.The base year sales.
e.Sales for the period.

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