CameraIcon

SearchIcon

MyQuestionIcon

Common Size Profit and Loss

The total of ...

Question

The total of column of percentage of all the items in common size income statement comes out to ___

A

75

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

50

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

100

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
100

The total of column of percentage of all the items in common size income statement comes out to 100.

Suggest Corrections

thumbs-up

0

mid-banner-image

mid-banner-image

Similar questions

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

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. The total of the % column of assets side in the common size balance sheet comes out to .

The total of the % column of assets side in the common size balance sheet comes out to ___

Q. Common-size Income Statement is that statement in which amount of Revenue from Operations is taken as 100 and all other amounts are expressed as percentage thereof.

View More

similar_icon

Related Videos

lock

Common Size Financial Statement

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Common Size Profit and Loss

Standard XII Accountancy