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QUESTION

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In the attached excel file there is the statement of a large, publicly traded company in a similar business to that of Comfy Home. Please common-size the balance sheet and income statement accounts for the Public Company and Comfy Home and compare the results on the aspects indicated in a) and b). Use the ratios that you deem appropriate, show your calculations, and explain your conclusions. Show the common sized accounts in your submitted answer.

a) Profitability b) Liquidity

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