is used as the base amount when completing a common size analysis on a balance sheet.

Total profit

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Total assets

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Shareholders' Fund

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Curent liabilty

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Solution

The correct option is B Total assets
A company use total assets or total liabilities & equity as the base amount when completing a common size analysis on a balance sheet

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Similar questions

Which of the following would a company use as the base amount when completing a common size analysis on a balance sheet?

Q. Choosing a common base (as 100), for example, sales revenue total may be taken as base (100) in case of income statement, and total assets or total liabilities (100) in case of balance sheet, is step ____ in the procedure adopted for preparing common size income statements.

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is used as the base amount when completing a common size analysis on a balance sheet.

The correct option is B Total assetsA company use total assets or total liabilities & equity as the base amount when completing a common size analysis on a balance sheet

The correct option is B Total assets
A company use total assets or total liabilities & equity as the base amount when completing a common size analysis on a balance sheet