CFA Practice Question

There are 534 practice questions for this study session.

CFA Practice Question

On a common-size financial statement, which of the following is given a designation of 100%?
A. Net income
B. Net revenues
C. Total liabilities
Explanation: Net revenues are given the designation of 100% in a common-size income statement. Each component of the income statement, including net income, is shown as a percentage of net revenues.

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