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 December 20, 2018, 2:46 am ad1c9bdddf
The solution contains preparation of common size income statement and common size balance sheet for two financial years for comparative purposes.