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A firm has net sales of $1,750, net income of $345 and total assets of $3,200. The firm has $475 in inventory and $795 in
A firm has net sales of $1,750, net income of $345 and total assets of $3,200. The firm has $475 in inventory and $795 in accounts receivable. 5. What is the common-size statement value of inventory? 6. What is the common-size statement value of net income? 7. What is the common-size statement value of accounts receivable
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