Formatting financial statements in commn size can eliminate inherent bias' that usually occurs whenever analyzing companies of differing sizes. Common size also allows for the analysis of a company over various time periods rapidly, e.g. revealing what percentage of sales is cost of goods sold and how that value has changed over time.
Overseas Shipholding Group Inc, https://www.osg.com/corporate-profile/default.aspx, SIC Code: 4412, DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT
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