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A firm has sales of $1,140, net income of $218, net fixed assets of $528, and current assets of $284. The firm has $93 in
A firm has sales of $1,140, net income of $218, net fixed assets of $528, and current assets of $284. The firm has $93 in inventory. What is the common-size statement value of inventory?
42.66 percent
8.16 percent
32.75 percent
17.61 percent
11.45 percent
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