How are common size statements created


Assignment:

Q1. Why may a focus on operating revenue and operating income be preferable to a focus on total revenues and net income?

Q2. How are common size statements created?

Q3. What advantage do common size statements have over regular statements when conducting a financial statement analysis?

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Operation Management: How are common size statements created
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