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    Business
  3. Study Set
    Managerial ACCT2
  4. Exam
    Exam 12: Financial Statement Analysis
  5. Question
    On a Common-Size Income Statement, Operating Income Should Be Stated
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On a Common-Size Income Statement, Operating Income Should Be Stated

Question 21

Question 21

Multiple Choice

On a common-size income statement, operating income should be stated as a percentage of:


A) net income.
B) sales revenue.
C) operating income.
D) total assets.

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