Solved: Common sized trend income statement, Accounting Basics

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Common sized trend income statement

Please comment for the given questions:

1. Are ratios that Bankers and Bondholders want similar if so why?

2. Are common sized trend income statements more valuable for a review than a single period; if so why?

3. If you identify an unusual item based upon % what should you do?

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Accounting Basics: Common sized trend income statement

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Accounting Basics: Common sized trend income statement

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