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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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