Q: do you know what "common size income statement" is?
Category: glossary , Asked by: M. W. From United States
A: the "common size income statement " is An income statement in which each account is expressed as a percentage of the value of sales. This type of financial statement can be used to allow for easy analysis between companies or between time periods of a company. Common size income statement analysis allows an analyst to determine how the various components of the income statement affect a company's profit. Visit Forex Trading USA