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A firm has sales of $142,600, net income of $22,800, net fixed assets of $94,300, and current assets of $42,600, of which $31,400 is inventory.
A firm has sales of $142,600, net income of $22,800, net fixed assets of $94,300, and current assets of $42,600, of which $31,400 is inventory. What is the common-size statement value of inventory?
22.02%
12.56%
22.94%
73.71%
37.71%
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