FIN 3400 PBSC Finance Balance Sheet & Common Size Income Statement Paper

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User Generated

User

Pynjqvr561

Subject

Business Finance

Course

FIN 3400

School

Palm Beach State College

Department

FIN

Question Description

I'm working on a accounting discussion question and need an explanation and answer to help me learn.

A common size balance sheet or common size income statement expresses everything in percentages rather than in numbers. Your manager has just asked you why you need to spend the time and money to have your analyst create both a common size and a regular balance sheet and income statement. How would you respond to her?

Explanation & Answer:

200 words

Tags: Financial Statements Income Statement Balance Sheet

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Explanation & Answer

View attached explanation and answer. Let me know if you have any questions.Hi again. Here is the discussion post. It is 300 words with 2 APA citations. I hope you will clear the payment this time instead of just leaving with the work. That way you can leave a tip too. Thanks.

A common-size balance sheet or income statement is an accounting statement that
presents the various items as a percentage of a single chosen common figure. In the case of a
balance sheet, this common fi...

CebsrffbeZbbql (10687)

Purdue University

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