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A firm has inventory of $1,200, accounts payable of $700, cash of $130, net fixed assets of $1,400, long-term debt of $700, accounts receivable of
A firm has inventory of $1,200, accounts payable of $700, cash of $130, net fixed assets of $1,400, long-term debt of $700, accounts receivable of $400, and total equity of $1,330. What is the common-size percentage for the net fixed assets?
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