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Following is an extract of the current assets from the most recent Balance Sheet for firm XYZ. Based on the information presented, calculate the value
Following is an extract of the current assets from the most recent Balance Sheet for firm XYZ. Based on the information presented, calculate the value for "Inventory" in a common-sized version of the Balance Sheet. Enter the value in percentages rounded to the first digit after the decimal point. For example, if the calculated value is 0.15428 or 15.428%, enter it as: 15.4
XYZ Corp. Balance Sheet as of June 30, 2020
2020 | |
Cash | $ 2,319 |
Receivables | 2,365 |
Inventory | 30,038 |
Other current assets | 954 |
: : : | |
: : : | |
Total Assets | $ 141,615 |
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