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Basic Question 0 of 15

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 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

Edward Liu

Learning Outcome Statements

describe the performance appraisal of alternative investments

CFA® 2025 Level I Curriculum, Volume 5, Module 2.