What is a common-size statement? Why are these statements useful?
What will be an ideal response
A common-size statement is a financial statement that reports only percentages. This removes dollar value bias when comparing one company to another company. Dollar value bias is the bias one sees from comparing numbers in absolute dollars rather than relative percentage terms.
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Which industry agency monitors online privacy practices of websites that involve children younger than 13 years of age?
A) Advertising Self-Regulatory Council (ASRC) B) Federal Communications Commission (FCC) C) National Advertising Division (NAD) D) Children's Advertising Review Unit (CARU)
In general, as inventory is added in steady increments, ______.
a. a firm’s fill rate decreases but at a decreasing rate b. a firm’s fill rate increases but at an increasing rate c. a firm’s fill rate decreases but at an increasing rate d. a firm’s fill rate increases but at a decreasing rate
In what way are projects and typical business activities similar?
A) For most companies, projects and typical business activities can be described as routine. B) Both projects and typical business activities have a defined ending point at which time they are complete. C) Projects and routine business activities require significant levels of cross-functional and interorganizational coordination. D) The successful completion of projects and business activities is essential to a firm's competitive position.
Jay is a surety for Katelyn's loan from Lucre Bank. Jay's right to be repaid by Katelyn after having paid her debt is the right of
A. contribution. B. redemption. C. reimbursement. D. subrogation.