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A firm has sales of $1,160, net income of $220, net fixed assets of $532, and current assets of $288. The firm has $95 in

A firm has sales of $1,160, net income of $220, net fixed assets of $532, and current assets of $288. The firm has $95 in inventory. What is the common-size statement value of inventory?

11.59 percent

17.86 percent

32.99 percent

8.19 percent

43.18 percent

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