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The following financial statement items are shown for Brewster Inc. Inventory $24,000 Total assets $120,000 Salaries payable $12,000 Total liabilities $52,000 What is the common-size

The following financial statement items are shown for Brewster Inc.

Inventory

$24,000

Total assets

$120,000

Salaries payable

$12,000

Total liabilities

$52,000

What is the common-size percentage for salaries payable?

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