Create a common-sized income statement, Accounting Basics

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Create a common-sized income statement

Write a one-paragraph analysis of Elf Corporation's profit performance for the period. Create a common-sized income statement for the three years. What conclusions can you draw from the different parts of the statement? What are the causes and effects of Elf's performance for those three years?

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Accounting Basics: Create a common-sized income statement

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Accounting Basics: Create a common-sized income statement

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