All but one of the following is true of common-size balance sheets.
A) Each asset and liability item on the balance sheet is standardized by dividing it by total assets.
B) Balance sheet accounts are represented as percentages of total assets.
C) Each asset and liability item on the balance sheet is standardized by dividing it by sales.
D) Common-size financial statements allow us to make meaningful comparisons between the financial statements of two firms that are different in size.
Answer: C) Each asset and liability item on the balance sheet is standardized by dividing it by sales.
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What is the advantage of email and IM interviews?
A) Email and IM interviews include nonverbal cues that support your message. B) Responses can be edited before being sent. C) You can have notes and other relevant data to pull support from. D) You don't have to wear interview clothes. E) Email and IM interviews are more casual and relaxed than other types of interviews.