Study Problems

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Common-Size Statements

  1. 4–1. (Preparing common-size financial statements) As the newest hire to the financial analysis group at Patterson Printing Company, you have been asked to perform a basis financial analysis of the company’s most recent financial statements. The 2016 balance sheet and income statement for the Patterson are as follows:

    Patterson Printing Company
    Balance Sheet, December, 31, 2016
      Cash and marketable securities ...

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