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A firm has sales of $ 6 , 2 0 0 , net income of $ 5 8 0 , total assets of $ 5

A firm has sales of $6,200, net income of $580, total assets of $5,900, and total equity of $3,350. Interest expense is $85. What is the common-size statement value of the interest expense?
Multiple Choice
1.47%
1.37%
1.44%
2,54%
.92%

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