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What is the meaning of common size statement of profit and loss? - Accounts

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What is the meaning of common size statement of profit & loss?

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उत्तर

A common size statement of profit and loss is a statement in which the figure of revenue from operations is assumed to be equal to 100, and all other figures are expressed as percentages of revenue from operations. This type of statement is generally used in business situations.

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पाठ 12: Common Size Statements - SHORT ANSWER QUESTIONS [पृष्ठ १२.१९]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 12 Common Size Statements
SHORT ANSWER QUESTIONS | Q 3. | पृष्ठ १२.१९
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