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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 ______.
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
describe the performance appraisal of alternative investments
CFA® 2025 Level I Curriculum, Volume 5, Module 2.