Question
Perini Corporation has sales of $742,000, net income of $111,300, net fixed assets of $1,335,600, and current assets of $296,800, of which $143,978 is inventory.
Perini Corporation has sales of $742,000, net income of $111,300, net fixed assets of $1,335,600, and current assets of $296,800, of which $143,978 is inventory. What is the common-size statement value of inventory?
| 8.60% | ||
| 8.82% | ||
| 9.09% | ||
| 9.25% | ||
| 9.43% |
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
