164k views
3 votes
An analysis in which all the components of an income statement are expressed as a percentage of net sales is called blank___________ .

1 Answer

5 votes

Answer:

Common Size Income Statement

Step-by-step explanation:

In a common size income statement, each line item of the Income statement is expressed as a percentage of the sales amount for that period.

This helps in comparing performance of companies in different sectors or industries.

User Jakub Gawecki
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.