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The following financial statement items are shown for J&T Manufacturing. Inventory $24,000 Total assets $120,000 Salaries payable $12,000 Total liabilities $52,000 Calculate the common-size percentage

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The following financial statement items are shown for J&T Manufacturing. Inventory $24,000 Total assets $120,000 Salaries payable $12,000 Total liabilities $52,000 Calculate the common-size percentage for salaries payable. 7% 23% 10% 433%

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