A common-size balance sheet expresses all balance sheet items
A) As a percentage of Current Assets.
B) As a percentage of Fixed Assets.
C) As a percentage of Total Assets.
D) As a percentage of Net Income.
E) As a percentage of Sales.

Question

Quizplus · Accepted Answer

A common-size balance sheet expresses all balance sheet items as a percentage of total assets, which allows for easier comparison and analysis of the company's financial health over time or relative to other companies.

A Common-Size Balance Sheet Expresses All Balance Sheet Items