Common size percentage for net fixed assets


A firm has inventory of $11,400, accounts payable of $9,800, cash of $850, net fixed assets of $12,150, long-term debt of $9,500, accounts receivable of $6,600, and total equity of $11,700. What is the common size percentage for the net fixed assets?

a 19.60 %

b 26.67 %

c 39.19 %

d 42.08 %

e 48.75 %

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Finance Basics: Common size percentage for net fixed assets
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