Question
A firm has sales of $1,280, net income of $216, net fixed assets of $451, and current assets of $332. The firm has $100 in
A firm has sales of $1,280, net income of $216, net fixed assets of $451, and current assets of $332. The firm has $100 in inventory. What is the common-size statement value of inventory?
A. 7.8% B. 43%, C. 22.2%, D. 30.1%, E. 12.8%
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Financial Analysts Indispensable Pocket Guide
Authors: Ram Ramesh
1st Edition
0071361561, 978-0071361569
