What are three of the benefits of common-sized analysis using the inverse operating asset turnover (ATO) ratios?   a) provides insight into the age of the assets b) the item is expressed as a percentage of current year sales c) is more comparable year-to-year than other methods d) negates the issue with small denominators e) it provides a common denominator for all accounts

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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What are three of the benefits of common-sized analysis using the inverse operating asset turnover (ATO) ratios?  

a) provides insight into the age of the assets
b) the item is expressed as a percentage of current year sales
c) is more comparable year-to-year than other methods
d) negates the issue with small denominators
e) it provides a common denominator for all accounts
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