Common-size income statement will report the revenue and expense amounts as percentages of revenue from .

total income

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interest

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other income

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operations

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Solution

The correct option is D operations
Common-size income statement will report the revenue and expense amounts as percentages of revenue from operations.

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Similar questions

Common-size income statement will report the revenue and expense amounts as percentages of ___

Particulars	2015-16 (Rs)	2016-17 (Rs)
Revenue from operations	6,00,000	8,00,000
Indirect expense	25% of gross profit	25% of gross profit
Cost of revenue from operations	4,28,000	7,28,000
Other incomes	10,000	12,000
Income tax	30%	30%

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