Discussion Forum : Analysis Of Financial Statements
Question -


Which of the following statements are true?

Options:
A .   Common-size balance sheet shows relative value of the various items.
B .   In the common size income statement, each product is represented as a percentage of the Revenue from Operations.
C .   Both : Common-size balance sheet shows relative value of the various items. In the common size income statement, each product is represented as a percentage of theRevenue from Operations.
D .   None of these
Answer: Option C
:
C

The following statements are correct :


Common-size balance sheet shows relative value of the various items.


In the common size income statement, each product is represented as a percentage of the Revenue from Operations.



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