A firm has sales of 1110 net income of 236 net fixed assets


A firm has sales of $1,110, net income of $236, net fixed assets of $458, and current assets of $322. The firm has $95 in inventory. What is the common-size statement value of inventory?

29.5%

20.7%

49.8%

12.2%

8.6%

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Financial Management: A firm has sales of 1110 net income of 236 net fixed assets
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