A firm has sales of 1090 net income of 182 net fixed assets


A firm has sales of $1,090, net income of $182, net fixed assets of $478, and current assets of $270. The firm has $94 in inventory. What is the common-size statement value of inventory?

52.5 percent
34.8 percent
8.6 percent
19.7 percent
12.6 percent

 

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: A firm has sales of 1090 net income of 182 net fixed assets
Reference No:- TGS0624615

Expected delivery within 24 Hours