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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
Check Answer Next Q Print

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 used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

demonstrate the application of the Code of Ethics and Standards of Professional Conduct to situations involving issues of professional integrity

recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct

identify conduct that conforms to the Code and Standards and conduct that violates the Code and Standards

CFA® 2025 Level I Curriculum, Volume 6, Module 3.