Question: Using a common - size income statement allows someone to determine net worthrank the expenses by relative sizeorganize informationreduce interest expenses and identify concerns. If

Using a common-size income statement allows someone todetermine net worthrank the expenses by relative sizeorganize informationreduce interest expensesand identify concerns. If changes need to be made the common-size income statement helps to planwhere to increase income or decrease expenseshow to reduce interest expensessummary of earningsnew job opportunities.

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