Question: What is the difference between comparative financial statements and common-size comparative statements? What three factors would influence your evaluation as to whether a company's current

  1. What is the difference between comparative financial statements and common-size comparative statements?
  2. What three factors would influence your evaluation as to whether a company's current ratio is good or bad?
  3. What does a relatively high accounts receivable turnover indicate about a company's short-term liquidity?

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