CFA Level 1
Financial Reporting and Analysis
Common-Size Calculation for Operating Expenses
Very Hard Analysis Techniques Common-size Statements
Company X has reported the following income statement data for the year ended December 31, 2022:
Total Revenue: $500,000
Cost of Goods Sold: $300,000
Operating Expenses: $100,000
Interest Expense: $20,000
Tax Expense: $10,000
Based on this information, which of the following correctly represents the common-size percentage for Company X's Operating Expenses?
Hint
Submitted6.5K
Correct5.5K
% Correct85%