Question: When constructing a common - size income statement, all items are expressed as a percentage of what? Multiple Choice Total assets. Taxable income. Net income.

When constructing a common-size income statement, all items are expressed as a
percentage of what?
Multiple Choice
Total assets.
Taxable income.
Net income.
Total equity.
Sales.
 When constructing a common-size income statement, all items are expressed as

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