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    Common size statement

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    I need to create a common size statement for Southwest Airlines. Can I get a step by step instruction please. I know it has to deal with percentages.

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    Hello

    Please find the steps on the attached word document. I have also included an analysis of Southwest Assets in 2008 so that you can see how to do this assignment.

    I need to create a common size statement for Southwest Airlines. Can I get a step by step instruction please. I know it has to deal with percentages.

    Answer

    Vertical analysis, also called common size analysis, is a technique for evaluating financial statement data that expresses each item within a ...

    Solution Summary

    This provides an example of creating a common size statement.

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