(MANERO) In a common size income statement for 2012, the cost of goods sold is expressed as  (MANERO) In a trend income statement for 2010, where 2010 is the base year, sales are expressed as  (MANERO) In a trend income statement for 2012, where 2010 is the base year, sales are expressed as In a COMMON SIZE balance sheet, all items are expressed as a percentage of In a TREND balance sheet, each balance sheet item is expressed as a percentage of  (HANSEL) In a common size balance sheet for 2011, plant and equipment (net) is expressed as  (HANSEL) In a common size balance sheet for 2010, total liabilities and equity are expressed as  (HANSEL) In a trend balance sheet for 2012, long-term liabilities are expressed as  (HANSEL) In a trend balance sheet for 2011, stockholders' equity is expressed as Trend statements are BETTER than common size statements at indicating which of the following?

1.  (MANERO) In a common size income statement for 2012, the cost of goods sold is expressed as

A. 64.5%

2. (MANERO) In a trend income statement for 2010, where 2010 is the base year, sales are expressed as

C. 100.0%

3. (MANERO) In a trend income statement for 2012, where 2010 is the base year, sales are expressed as

C. 114.7%

4. In a COMMON SIZE balance sheet, all items are expressed as a percentage of

A. total assets

5. In a TREND balance sheet, each balance sheet item is expressed as a percentage of

B. the base year item

6. (HANSEL) In a common size balance sheet for 2011, plant and equipment (net) is expressed as

A. 83.0%

7. (HANSEL) In a common size balance sheet for 2010, total liabilities and equity are expressed as

C. 100.0%

8. (HANSEL) In a trend balance sheet for 2012, long-term liabilities are expressed as

C. 105.3%

9. (HANSEL) In a trend balance sheet for 2011, stockholders' equity is expressed as

C. 104.6%

10. Trend statements are BETTER than common size statements at indicating which of the following?

D. Growth and decline