Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 1 of 12
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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
calculate and interpret common-size balance sheets and related financial ratios
CFA® 2024 Level I Curriculum, Volume 2, Module 3.