Which of the following statements about common sized financial statements is false? Select one: a.Amounts...
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Finance
Which of the following statements about common sized financial statements is false?
Select one:
a.Amounts in the common sized income statement are computed as a percentage of net sales revenue.
b.Common sized financial statements are used to compare firms of different size.
c.The common size balance sheet can inform investors about the amount of cash the firm has.
d.Amounts in the common sized balance sheet are computed as a percentage of sales revenue.
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