Eli And Sons Wants To Evaluate Its Assets To Determine If Its Mix Of Assets Has

Eli and Sons wants to evaluate its assets to determine if its mix of assets has changed over time. To do this, the firm should compile which one of the following financial statements for each of the past few years? Why?1. common-size income statement2. common-size balance sheet

Eli and Sons wants to evaluate its assets to determine if its mix of assets has changed overtime. To do this, the firm should compile which one of the following financial statements for eachof…