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A firm has sales of $1,040, net income of $208, net fixed assets of $508, and current assets of $264. The firm has $83 in
A firm has sales of $1,040, net income of $208, net fixed assets of $508, and current assets of $264. The firm has $83 in inventory. What is the common-size statement value of inventory?
7.98 percent | |
a- | 10.75 percent |
b- | 31.44 percent |
c- | 39.90 percent |
d- | 16.34 percent |
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