Multiple Choice
Which of the following is NOT true of common size statements?
A) All balance sheet figures are expressed as a percentage of shareholders' equity.
B) All figures in the income statement are expressed as a percentage of sales.
C) Common size statements enable trends over time for a single company to be detected.
D) Common size statements assist in comparing companies of different sizes.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Alda Ltd's accounts receivable for year ended
Q2: The operating profit after tax of Calculus
Q3: Which of the following could explain an
Q5: Chicago Ltd is a large retailer of
Q6: Which of the following would NOT decrease
Q7: The following question relates to PQR, which
Q8: Which of the ratios listed helps to
Q9: The following question relates to PQR, which
Q10: Which of the following statements about the
Q11: Sales of Slider Ltd are $250 million