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The common size analysis of the Krypton Ltds balance sheet shows that cash represents 15% of current assets and inventories 6% of the total current
The common size analysis of the Krypton Ltds balance sheet shows that cash represents 15% of current assets and inventories 6% of the total current assets. The goodwill represents 2% of the total non-currents assets. Total non-current assets represents 57% of the total assets. What is the fraction of cash in the total assets?
a) 4.5%
b) 6.5%
c) 8.5%
d) 12%
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