develop the 2015 common-size income statement and compare it with the 2014 statement. Which areas require further analysis and investigation?

develop the 2015 common-size income statement and compare it with the 2014 statement. Which areas require further analysis and investigation?

Common-size statement analysis. A common-size income statement for Creek Enterprises’ 2014 operations follows. Using the firm’s 2015 income statement presented in Problem 3–18 (this is on the excel tab for P3-18), develop the 2015 common-size income statement and compare it with the 2014 statement. Which areas require further analysis and investigation?


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