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A firm has sales of 1050 net income of 196 net fixed assets of 479 and current assets of 305 The firm has 94 in inventory What is the common size statement value of inventory 308 percent

A firm has sales of $1,050, net income of $196, net fixed assets of $479, and current assets of $305. The firm has $94 in inventory. What is the common-size statement value of inventory?

30.8 percent

19.6 percent

54.6 percent

12.0 percent

9.0 percent

 

Sep 03 2020 Read more Less More

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