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Consolidated Industries' Financial Statements show the following: Net Income = 1,000; Sales = 8,000 Account Receiveable = 1,600; Accounts Payable = 1,200; Salaries = 700;
Consolidated Industries' Financial Statements show the following: Net Income = 1,000; Sales = 8,000 Account Receiveable = 1,600; Accounts Payable = 1,200; Salaries = 700; Rent = 400; Current Assets = 2,800; Current Liabilities = 2,400; Total Liabilities = 3,600; Total Assets = 7,000; Total Equity = 3,400. What is the Common Sized Value for Net Income?
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