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) 26.67 percent

b) 48.75 percent

c) 39.19 percent

d) 42.08 percent

I already got this question wrong, but i dont know why. Any help would be great!