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Amelia's Sewing Emporium has sales of $4,630, net income of $452, total assets of $6,450, and total equity of $3,445. The company's interest expense is

Amelia's Sewing Emporium has sales of $4,630, net income of $452, total assets of $6,450, and total equity of $3,445. The company's interest expense is $230. What is the common-size statement value of the interest expense?

Responses

50.88%

3.57%

19.81%

4.97%

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