Accountancy, asked by jyotis15081997, 10 months ago

what is meant by a common size statement?How is a common size statement?​

Answers

Answered by vkvinay6230
2

Answer:

A common size income statement is an income statement in which each line item is expressed as a percentage of the value of revenue or sales. It is used for vertical analysis, in which each line item in a financial statement is represented as a percentage of a base figure within the statement.

Answered by harika3492
5

Answer:

the statement which is so common that is called common statement

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