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Common-Size Statements Are Particularly Useful Because _____

Question 67

Multiple Choice

Common-size statements are particularly useful because _____.


A) accounts are aggregated together so the same accounts can be used consistently from year to year
B) dollars are converted to percentages
C) they are a means of comparing one company to another company within the same industry
D) the percentages can be added to and/or subtracted from one another

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