... take.3. A useful tool in financial statement analysis is the common-size financial statement. What does this tool enable the financial analyst to do?a. Evaluate financial statements of companies ... PHILIPPINESManilaMANAGEMENT ADVISORY SERVICES FINANCIAL STATEMENT ANALYSIS THEORY1. When a balance sheet amount is related to an income statement amount in computing a ratio, a. The income statement amount should ... what are the firm's current assets? A. $1,000,000 B. $500,000 C. $1,500,000 D. $1,250,000MSQ-07Page 1048. Hanson Corporation's present year ROE remained at last year's 14% level,...