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A firm has sales of $1,800, net income of $210, total assets of $1,400, and total equity of $950. Interest expense is $35. What is
A firm has sales of $1,800, net income of $210, total assets of $1,400, and total equity of $950. Interest expense is $35. What is the common-size statement value of the interest expense?
A.1.94 percent
B.2.50 percent
C.3.69 percent
D.12.58 percent
E.16.67 percent
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