Explore BrainMass

common size balance sheet & income statement

My book does not tell me how to prepare the common-size income/balance sheets. I'm pretty sure I understand how to do the comparative statements, but am completely baffled by common-size. Please help!

Please see ** ATTACHED ** for complete details!!

© BrainMass Inc. brainmass.com August 14, 2018, 3:04 pm ad1c9bdddf


Solution Summary

The solution contains preparation of common size income statement and common size balance sheet for two financial years for comparative purposes.