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Common-sized balance sheets show each balance sheet account as a percentage of t

ID: 2636769 • Letter: C

Question

Common-sized balance sheets

show each balance sheet account as a percentage of total sales.

show data for companies with approximately the same amount of assets.

show data for companies in the same industry.

show each balance sheet account as a percentage of total assets.

A.

show each balance sheet account as a percentage of total sales.

B.

show data for companies with approximately the same amount of assets.

C.

show data for companies in the same industry.

D.

show each balance sheet account as a percentage of total assets.

Explanation / Answer

show each balance sheet account as a percentage of total assets.

D.

show each balance sheet account as a percentage of total assets.

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