Which is NOT true of common-size (for 4 years) statements? Select one: a. The net change in each item, on a year-to-year basis, is not shown. b. Each item is shown as a percentage of some total of which it is a part. c. Total assets are used as a total against which all assets are measured. d. RO amounts are generally not shown'.

Which is NOT true of common-size (for 4 years) statements? Select one: a. The net change in each item, on a year-to-year basis, is not shown. b. Each item is shown as a percentage of some total of which it is a part. c. Total assets are used as a total against which all assets are measured. d. RO amounts are generally not shown'.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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