You are analyzing a firms financial statements and you notice they have sales of $1,500,000,...
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Finance
You are analyzing a firms financial statements and you notice they have sales of $1,500,000, total equity of $10,000,000, total liabilities of $6,000,000, and plant, property, and equipment (PP&E) of $1,000,000. What is the common size amount of the PP&E?
Group of answer choices
6.25%
10.00%
None of these options are correct
66.67%
0.66%
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