Solved: What is the advantage of using common size income, Cost Accounting

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What is the advantage of using common size income

1. What is the advantage of using common size income statements to present financial information for several accounting periods?

2. What information is provided by the net income percentage (return on sales ratio)?

3. What is the purpose of preparing a schedule of cost of goods sold?

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Cost Accounting: What is the advantage of using common size income

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Cost Accounting: What is the advantage of using common size income

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