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Iowa Farm Machine Sales has current assets of $368,450, net fixed assets of $1.23 million, and total liabilities of $674,230. On a common-size balance sheet,

  1. Iowa Farm Machine Sales has current assets of $368,450, net fixed assets of $1.23 million, and total liabilities of $674,230. On a common-size balance sheet, current assets will be expressed as ____________ percent.

    A.

    23.1

    B.

    30.0

    C.

    39.9

    D.

    18.6

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