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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
Why do financial analysts prepare common size financial statements?
      a.   it is easier to work with financial statements when they are all in the same format
      b.   they help the analyst identify changes over time in the proportion that each item of expense bears to the entity's total expenses
      c.   they are a necessary first step in allowing the analyst to develop per capita information
      d.   they show the dollar amount of change from one year to another for each item of expense, both for the entity studied and the reference group.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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9 years ago
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goji.go Author
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#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
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#3
9 years ago
You're very welcome!
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#4
9 years ago
 Slight Smile Slight Smile Slight Smile
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