Financial statements

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What types of information do common size financial statements reveal about an
organization? What is the best use for these common size statements? What
purpose do common base year statements have? When would you use them?

 

 

 

……………………Answer preview…………………………

Common size financial statements reveal the financial health of an organization. It is important to note that the common size statements include components of the income statement and balance sheet (Drake et al, 2012). The components of the income and balance sheet indicate the financial performance and strength of a company……………..

APA

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