A firm has sales of 1140 net income of 218 net fixed assets


A firm has sales of $1,140, net income of $218, net fixed assets of $528, and current assets of $284. The firm has $93 in inventory. What is the common-size statement value of inventory?

42.66 percent
8.16 percent
32.75 percent
17.61 percent
11.45 percent

 

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Finance Basics: A firm has sales of 1140 net income of 218 net fixed assets
Reference No:- TGS0610211

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