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The following financial statement items are shown for Sheridan Manufacturing. Inventory $41952 Total assets 138000 Salaries payable 30360 Total liabilities 70000 Calculate the common-size percentage
The following financial statement items are shown for Sheridan Manufacturing.
Inventory | $41952 |
Total assets | 138000 |
Salaries payable | 30360 |
Total liabilities | 70000 |
Calculate the common-size percentage for salaries payable.
A) 43%
B) 507%
C) 22%
D) 15%
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