A common size balance sheet or common size income statement, Finance Basics

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A common size balance sheet or common size income statement

Question: A common size balance sheet or common size income statement expresses everything in percentages rather than in numbers. Your manager has just asked you why you need to spend the time and money to have your analyst create both a common size and a regular balance sheet and income statement. How would you respond to her?

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Finance Basics: A common size balance sheet or common size income statement

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