Question

prepare the common size balance sheet​

Answer 1

Answer:

Common-size baseline = (total assets / total assets) = 100 percent. Next, divide every other line item on the balance sheet by total assets. For example, say a company has total assets of $1,500,000 and accounts receivable (A/R) of $225,000: $225,000 A/R / $1,500,000 total assets = 15 percent

Explanation:

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