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Powder River Steel Inc. has total assets that consists of current assets, $500, and net fixed assets, $4,500. The firm also has sales of $1,800,

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Powder River Steel Inc. has total assets that consists of current assets, $500, and net fixed assets, $4,500. The firm also has sales of $1,800, net income of $200, and inventory of $400. Find the common size value for inventory. Note: This is a Web Appendix 4A topic. 08.0% w O 12.0% O 10.8% O 14.4%

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