A firm has sales of $1,190, net income of $245, net fixed assets of $478,...

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Accounting

A firm has sales of $1,190, net income of $245, net fixed assets of $478, and current assets of $294. The firm has $110 in inventory. What is the common-size statement value of inventory? 23.0 percent 14.2 percent 49.4 percent 37.4 percent 9.2 percent

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