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ololo11 [35]
1 year ago
5

To convert a balance sheet into a commonsize balance sheet statement, we restate all the numbers as percentages of ________. a.

total liabilities b. total assets c. total owners' equity d. revenue
Business
1 answer:
k0ka [10]1 year ago
6 0

To convert a balance sheet into a common-size balance sheet statement, we restate all the numbers as percentages of total assets. A common-size financial statement shows line items as a percentage of a selected or normal figure. Creating common-size financial statements makes it easier to analyze a company over time and compare it to its peers. Using common-size financial statements helps you spot trends that a raw financial statement might not reveal.

All three primary financial statements can be laid out in a common-size format. Dollar amount financial statements can easily be converted to common-size financial statements using a spreadsheet. Below is an overview of each financial statement and a more detailed summary of the advantages and disadvantages such analysis can provide you.

Learn more about common-size financial statements:

brainly.com/question/27406789

#SPJ4

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Answer:

D) Markets allocate goods effectively.

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3 years ago
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Andrew [12]
Poor credit rating.
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3 years ago
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3 years ago
Bonds are a far more important source of financing than are stocks B. Financial intermediaries such as banks are the least impor
Anna71 [15]

Answer:

Bonds are a far more important source of financing than are stocks

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3 years ago
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