The formula for determining the common-size percentage for liabilities is a. $\frac{\text{Individual Liability Account Balance}}{\text{Total Liabilities}}$

b.$ \frac{\text{Individual Liability Account Balance}}{\text{Total Assets}}$

c.$\frac{\text{Individual Liability Account Balance}}{\text{Total Assets plus Total Liabilities minus Equity Individual }} $

d.$\frac{\text{Individual Liability Account Balance}}{\text{Total Assets and Liabilities}}$

Question

The formula for determining the common-size percentage for liabilities is a.  $\frac{\text{Individual Liability Account Balance}}{\text{Total Liabilities}}$

b.$ \frac{\text{Individual Liability Account Balance}}{\text{Total Assets}}$

c.$\frac{\text{Individual Liability Account Balance}}{\text{Total Assets plus Total Liabilities minus Equity Individual  }} $

d.$\frac{\text{Individual Liability Account Balance}}{\text{Total Assets and Liabilities}}$

Quizplus · Accepted Answer

The Answer of The formula for determining the common-size percentage for liabilities is a.  $\frac{\text{Individual Liability Account Balance}}{\text{Total Liabilities}}$

b.$ \frac{\text{Individual Liability Account Balance}}{\text{Total Assets}}$

c.$\frac{\text{Individual Liability Account Balance}}{\text{Total Assets plus Total Liabilities minus Equity Individual  }} $

d.$\frac{\text{Individual Liability Account Balance}}{\text{Total Assets and Liabilities}}$

The Formula for Determining the Common-Size Percentage for Liabilities Is Individual Liability Account BalanceTotal Liabilities\frac{\text{Individual Liability Account Balance}}{\text{Total Liabilities}}Total LiabilitiesIndividual Liability Account Balance​

The Formula for Determining the Common-Size Percentage for Liabilities Is $\frac{\text{Individual Liability Account Balance}}{\text{Total Liabilities}}$