One reason that a common-size statement is a useful tool in financial performance evaluation is that it enables the user to
A) make better comparisons of two companies of different sizes in the same industry.
B) determine which companies in a single industry are of the same size.
C) judge the relative potential of two companies of similar size in different industries.
D) determine which companies in a single industry are of the same value.
A
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__________________ accept savings from individuals and then lend these pooled savings to businesses, governments, and individuals.
a. Insurance companies b. Commercial finance companies c. Government institutions d. Investment banks e. none of the above
Which of the following methods of performance evaluation allows for quantitative analysis and comparison?
A) critical incident B) graphic rating scale C) assessment center evaluation D) written essay E) group order ranking