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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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