Common-size statement value of inventory, Finance Basics

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Common-size statement value of inventory

Problem:

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

Note: Explain all calculation and formulas.

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Finance Basics: Common-size statement value of inventory

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Finance Basics: Common-size statement value of inventory

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Recent Questions Asked Finance Basics

Q : Irr of the decision to purchase a new machine

Q : What is the net income for the year

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Finance Basics: Common-size statement value of inventory

Reference No:- TGS0878109

Recent Questions Asked Finance Basics

Q : Irr of the decision to purchase a new machine

Q : What is the net income for the year

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