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    Common size statements

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    A) For the income statement, what is base amount used for calculations?
    b) Assess the meanings for the metrics in the common size statements and expand on that discussion in two examples.

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    Dear student,

    a) For the income statement, what is base amount used for calculations? For the income statement, the base amount for calculations is net operating revenue i.e., net sales.
    b) Assess the meanings for the metrics in the common size statements and expand on that discussion in two ...

    Solution Summary

    Common size statements are examined.

    $2.19

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