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A firm has sales of $1,130, net income of $159, net fixed assets of $519, and current assets of $280. The firm has $91 in

A firm has sales of $1,130, net income of $159, net fixed assets of $519, and current assets of $280. The firm has $91 in inventory. What is the common-size statement value of inventory?

54.0 percent

17.5 percent

8.1 percent

32.5 percent

11.4 percent

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