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What is the common-size statement value of inventory

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Problem - A firm has sales of $1,030, net income of $187, net fixed assets of $505, and current assets of $339. The firm has $99 in inventory. What is the common-size statement value of inventory?

a. 9.6 percent

b. 58.6 percent

c. 11.7 percent

d. 19.6 percent

e. 29.2 percent

Reference no: EM132450965

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