Common-size balance sheets may be used for all of the following except A. gaining insights into the nature of a company’s operations. B. analyzing a company’s asset and financial structure. C. determining how management assesses the risks a company faces. D. learning about the underlying economics of an industry

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Common-size balance sheets may be used for all of the following except
A. gaining insights into the nature of a company’s operations.
B. analyzing a company’s asset and financial structure.
C. determining how management assesses the risks a company faces.
D. learning about the underlying economics of an industry

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Answer:

C. determining how management assesses the risks a company faces.

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