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A Common-Size Statement of Comprehensive Income Is Deﬁned as a ﬁNancial

Question 105

Multiple Choice

A common-size statement of comprehensive income is deﬁned as a ﬁnancial statement wherein all items are expressed as a percentage of:

A) Their prior year's value.
B) Their projected value.
C) Their 5-year average value.
D) Total assets.
E) Sales.

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