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common-size income statement

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

A company’s income statement which reports each item as a percentage of net sales.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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