common size statement

fenil 13 April 2020 at 12:37 PM

A management accountant has been asked to provide earnings forecasts for the next three years. In order to complete this assignment, the management accountant would be least likely to a) use common-size financial statements to estimate expenses as a percentage of net income. b) examine the variability of the predicted outcomes by performing sensitivity and scenario analysis. c) assume that the key financial ratios will remain unchanged for the forecasted period. d) discuss the key assumptions with senior management. 

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FACULTY 21 May 2020 at 02:29 PM

assume that the key financial ratios will remain unchanged for the forecasted period.(option C)

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