QUESTION $1$

A firm has sales of $$1,210,$ net income of $$225,$ net fixed assets of $$542,$ and current assets of $$298.$ The firm has $$200$ in inventory. Wr the common$-$size balance sheet value of inventory?

$21\mathrm{.}6\%$

$23\mathrm{.}8\%$

$22\mathrm{.}3\%$

$24\mathrm{.}7\%$