14
Question
Which of the following would a company use as the base amount when completing a common size analysis on a balance sheet?
Which of the following would a company use as the base amount when completing a common size analysis on a balance sheet?
Total profit
Total assets or Total liabilities & equity
Total assets & equity
None of these
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Solution
The correct option is B Total assets or Total liabilities & equity
A company use total assets or total liabilities & equity as the base amount when completing a common size analysis on a balance sheet
Total assets or Total liabilities & equity
A company use total assets or total liabilities & equity as the base amount when completing a common size analysis on a balance sheet
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