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DeVos Company has sales of $680,000, net income of $72,000, net fixed assets of $550,000, and current assets of $220,000, of which $100,000 is inventory.
DeVos Company has sales of $680,000, net income of $72,000, net fixed assets of $550,000, and current assets of $220,000, of which $100,000 is inventory. What is the common-size statement value of inventory? 12.99% 13.25% 13.57% 13.86% 14.18% QUESTION 4 ARK Company has current sales of $680,000, current liabilities of $102,000, and net working capital of $26,400. The projected sales for next year are $761,600. All net working capital accounts change directly with sales. What is the projected value of current assets for next year? $139,098 $155,702 $147,538 $151,284 $143,808
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