In the statement of profit and loss of common size statement a. Figure of net revenue from operations is assumed to be equal to 100 b. Figure of gross profit is assumed to be equal to 100 c. Figure of net profit is assumed to be equal to 100 d. Figure of assets is assumed to be equal to 100
In the statement of profit and loss of common size statement a. Figure of net revenue from operations is assumed to be equal to 100 b. Figure of gross profit is assumed to be equal to 100 c. Figure of net profit is assumed to be equal to 100 d. Figure of assets is assumed to be equal to 100
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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In the statement of profit and loss of common size statement
a.
Figure of net revenue from operations is assumed to be equal to 100
b.
Figure of gross profit is assumed to be equal to 100
c.
Figure of net profit is assumed to be equal to 100
d.
Figure of assets is assumed to be equal to 100
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