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Which of the characteristics below best describes common-size financial statements? Select one: a. Facilitates...

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Accounting

Which of the characteristics below best describes common-size financial statements?

Select one:

a. Facilitates the combined analysis of income statement and balance sheet numbers.

b. Facilitates comparison across companies of different sizes.

c. Expresses components of both the income statement and balance sheet items as a percent of total assets.

d. Is a form of horizontal analysis.

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