Question: The formula for preparing a common - size income statement is Individual Revenue or Expense Account Balance Operating Income Individual Revenue or Expense Account Balance

The formula for preparing a common-size income statement is
Individual Revenue or Expense Account Balance
Operating Income
Individual Revenue or Expense Account Balance
Gross Profit
Individual Revenue or Expense Account Balance
Net Sales Revenue
Individual Revenue or Expense Account Balance
Net Income
The formula for preparing a common - size income

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