Which of the following is used as base for preparation of common size statements of profit and loss? Options: A . &nbsp Cost of Goods sold B . &nbsp Raw Materials consumed C . &nbsp Revenue From Operations D . &nbsp Profit after Tax

Which of the following is used as base for preparation of common size statemen

Question -

Which of the following is used as base for preparation of common size statements of profit and loss?

Options:

A . Cost of Goods sold

B . Raw Materials consumed

C . Revenue From Operations

D . Profit after Tax

Answer: Option C
:
C

Revenue From Operations is used as base for preparation of common size statements of profit and loss.

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