Skip to main content

My Courses

Calculators AI Tools Study Prep Blog Study Prep Home

Common-sized Statements

14. Financial Statement Analysis / Common-sized Statements / Problem 6

Problem 6

A company has total liabilities and equity of \$600,000 and accounts payable of \$120,000. What is the common size percentage for accounts payable?

A

30%

B

15%

C

25%

D

20%