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A firm has sales of $1,030, net income of $187, net fixed assets of $505, and current assets of $339. The firm has $99 in

A firm has sales of $1,030, net income of $187, net fixed assets of $505, and current assets of $339. The firm has $99 in inventory. What is the common-size statement value of inventory?

9.6 percent58.6 percent11.7 percent19.6 percent29.2 percent

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