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Basic Question 0 of 3

Common-size income statements display each item as a percentage of ______, while common-size balance sheets display each item as a percentage of ______.

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.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

compare, calculate, and interpret yield and yield spread measures for fixed-rate bonds

CFA® 2025 Level I Curriculum, Volume 4, Module 7.