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A firm has sales of $3,900, net income of $1,304, total assets of $4,200, and total equity of $2,850. Interest expense is $80. What is
A firm has sales of $3,900, net income of $1,304, total assets of $4,200, and total equity of $2,850. Interest expense is $80. What is the common-size statement value of the interest expense? Select one: A. 2.05% B. 1.90% C. 6.13% D. 8.18% E. 5.10%
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