A ___displays all items as percentages of a common base figure rather than as absolute numerical figures

Comparative statements

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Common size statements

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Cash flow statements

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None of these

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Solution

The correct option is B
Common size statements

A common size statement displays all items as percentages of a common base figure rather than as absolute numerical figures

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Similar questions

The common size income statement defines all items as a percentage of ___

Which statement express all items of financial statement as a percentage of some common base such as total assets for balance sheet?

These are the statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item.

Q. Which of the following statements are true?
a. Common size balance sheet shows relative value of the various items.
b. In the common size income statement, each product is represented as a percentage of the net sales figure.
c. Common size income statements represents the various element as a percentage of the gross profit.

Q. Common size statement, also known as __________ percentage statement.

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A ___displays all items as percentages of a common base figure rather than as absolute numerical figures

The correct option is B Common size statements A common size statement displays all items as percentages of a common base figure rather than as absolute numerical figures

The correct option is B
Common size statements

A common size statement displays all items as percentages of a common base figure rather than as absolute numerical figures