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Consolidated Industries' Financial Statements show the following: Net Income = 1 , 0 0 0 ; Sales = 8 , 0 0 0 Inventory =

Consolidated Industries' Financial Statements show the following: Net Income =1,000; Sales =8,000 Inventory =500; 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 Inventory?
14.7%
7.1%
50.0%
6.3%
17.9%
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