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A firm has net income of $96,000, total assets of $975,000, total equity of $555,000, and total sales of $1,100,000. What is the common-size percentage

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A firm has net income of $96,000, total assets of $975,000, total equity of $555,000, and total sales of $1,100,000. What is the common-size percentage for the net income? Multiple Choice 8.73% 22.86% 17.30% 9.85%

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