In a common-size financial statement, which of the following is given a percentage of 100%?

Question

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In a common-size financial statement, total assets are given a percentage of 100%. This allows for a comparison of the relative proportions of each asset, liability, and equity account. For example, if a company's cash and cash equivalents account is 20% of total assets, it can be compared to another company's cash and cash equivalents account that may be 30% of total assets.

In a Common-Size Financial Statement, Which of the Following Is