One of the most important applications of ratio analysis is to compare a company's performance with that of other players in the industry or to compare its own performance over a period of time. Such analyses are referred to as a comparative analysis and trend analysis, respectively The analysis that involves calculating the growth rates of all items from the balance sheet and income statement relative to a base year is called a: A. Common size balance sheet analysis B. Cash flow change analysis C. Percentage change analysis D. Common size income statement analysis