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Basic Question 1 of 11
Common-size income statements display each item as a percentage of ______, while common-size balance sheets display each item as a percentage of ______.
B. sales; total assets
C. sales; total equity
A. net income; total equity
B. sales; total assets
C. sales; total equity
User Contributed Comments 3
| User | Comment |
|---|---|
| Yrazzaq88 | If you get this wrong, you should give up on life. |
| birdperson | hush now Yrazzaq88 |
| Kevdharr | Ha.. I got it right. So I guess there is still hope. |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe tools and techniques used in financial analysis, including their uses and limitations;
CFA® 2024 Level I Curriculum, Volume 3, Module 21.