A Common-Size Income Statementpermits an Analysis of Changes or Differences

Multiple Choice

A common-size income statementpermits an analysis of changes or differences in the relations between revenues, expenses, and net income and identifies relations that the analyst should explore further, such as

A) time series analysis.
B) economic analysis.
C) cross-section analysis.
D) both choices a and c.
E) both choices b and c.