Question

Common size financial statements help an analyst to:

Select one:
a. Evaluate financial statements of companies within a given industry of the approximate same size.
b. Determine which companies in a similar industry are at approximately the same stage of development.
c. Compare the mix of assets, liabilities, capital, revenue, and expenses within a company over a period of time or between companies within a given industry without respect to size.
d. Ascertain the relative potential of companies of similar size in different industries.

Answer 1

Answer:C

Step-by-step explanation:

Compare the mix of assets, liabilities, capital, revenue, and expenses within a company over a period of time or between companies within a given industry without respect to size.