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Good Vibes Manufacturing is a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of
Good Vibes Manufacturing is a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the balance sheet amounts show $2.5 million of inventory and $500K of property, plant & equipment, calculate Good Vibe Manufacturing's percentage invested in inventory. O 12.50% O 16.67% O 83.33% O 100% 0 60.00% Previous N
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