37 9. The percentage of inventory equals: * (2 Points) 37% O 7% 80% 17% Use the following to answer questions (8,9) The following percentages are taken from the vertical analysis from income statement and balance sheet of company (X): Gross Margin = 58% Office Rent = 6% Salaries and Wages = 32% Utilities = 5% Account Payable = 20% Fixed Assets = 30% Cash = 15% Accounts Receivables = 48% Inventory = ? Costs of Goods Sold =