The common-size income statements of Procter & Gamble have been prepared for the years 2007–2011 (see Table 16.3 in this chapter).
Required
1. What financial performance intermediate balance does not appear in the income statement and would be useful to your analysis of the firm’s performance and evolution?
2. What additional information would be interesting for your analysis as a decision maker?
3. Comment the common-size income statements over the period as a decision maker interested in buying or selling shares of Procter & Gamble.