HORNGREN'S FINANCIAL & MANGERIAL ACCOUNT
HORNGREN'S FINANCIAL & MANGERIAL ACCOUNT
7th Edition
ISBN: 9780136505273
Author: MILLER-NOBLES
Publisher: PEARSON
Question
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Chapter 15, Problem 6RQ
To determine

Common-size Statement

Common-size statement shows the relationship among various items of the financial statement with a base amount. It reveals the complete picture of business. It is otherwise called as vertical analysis.

To describe: Use of common-size statement towards evaluation of the company.

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