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Builder's Outlet Just Hired a New Chief Financial Officer

Question 12

Multiple Choice

Builder's Outlet just hired a new chief financial officer.To get a feel for the company, she wants to compare the firm's sales and costs over the past three years to determine if any trends are present and also determine where the firm might need to make changes.Which one of the following statements will best suit her purposes?


A) Income statement
B) Balance sheet
C) Common-size income statement
D) Common-size balance sheet
E) Statement of cash flows

Correct Answer:

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