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How can a common sized income statement be useful at home

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Reference no: EM132996277

A common size income statement is an income statement in which each account is expressed as a percentage of the value of sales.

Problem 1: Give three different reasons why common sized income statements are useful tools for business decision-makers

Problem 2: How can a common sized income statement be useful for you at home?

 

Reference no: EM132996277

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