Common-size statement

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Common-size statement is a comparative report in which each item is expressed as a percentage of a base amount without dollar amounts.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Common-size statements. Comparative reports in which each item is expressed as a percentage of a base amount without dollar amounts.

According to Managerial Accounting by Braun, Tietz (5th edition),

Common-size statement. A financial statement that reports only percentages (no dollar amounts).

Related concepts

Related lectures