Common size

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muskanp...@gmail.com

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Sep 19, 2021, 2:30:13 AM9/19/21

to noc21-mg7...@nptel.iitm.ac.in

Hi,

I have a question about what is happening in this video at 00:05:31 -

http://www.youtube.com/watch?v=4Jl6GqrWFUc#t=331s.

Why there is a need to do common size?.

Thanks!

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NOC21 MG75

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Sep 22, 2021, 2:26:35 PM9/22/21

to Discussion forum for Financial Accounting, muskanp...@gmail.com

Dear participant

The need for a common size statement is prepared for reference purposes for stakeholders and to compare company results with similar companies.