In this video, we will explain What is Common Size Statements, its types, uses, and calculations.
Chapters
00:00 Introduction
01:09 - What is Common Size Statement?
03:20 - Common Size Statement Formula
04:22 - Colgate Common Size Income Statement
06:52 - Colgate Common Size Balance Sheet
What is a Common Size Statement?
A common size statement means all items of an income statement brought under a common denominator. In a common size statement, each element of financial statements (both Income Statement and Balance Sheet) is shown as a percentage of another item.
Types of Common Size Statements -
- Income Statement Common Size
- Balance Sheet Common Size
Uses of Common Size Statement:
- Easy comparison of financial reports of companies
- Promotes effective management decision
- It gives a perfect indication of how much sales revenue improved or declined
#wallstreetmojo, #commonsizestatements
For more details, you can refer to our article at - [ Ссылка ]
Subscribe to Our Channel -
Youtube ► [ Ссылка ]
LinkedIn ► [ Ссылка ]
Facebook ► [ Ссылка ]
Instagram ► [ Ссылка ]
Twitter ► [ Ссылка ]
Common Size Statement - What Is It and How To Calculate?
Теги
common size statementcommon size statement profit and losscommon size statement meaningwhat is common size statementcommon size statement class 12common size statementscommon size statement analysiscommon size statement balance sheetcommon size balance sheetcommon size income statementhow to solve common size statementprepare a common size statementcommon size statement typescommon size statement calculation