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A Madhouse firm has assets of $1200, sales of $1,800, COGS of $1000, depreciation of...

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Finance

A Madhouse firm has assets of $1200, sales of $1,800, COGS of $1000, depreciation of $150, net income of $320, net fixed assets of $900, selling and general administrative (SG&A) expenses of $250, and current assets of $300. The firm has $100 in cash. What is the common-size statement value of current assets? Answer as a percent to two decimal places without the percentage sign (so YY.XX% would be YY.XX)

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