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(Solved): A firm has sales of $1,060, net income of $210, net fixed assets of $512, and current assets of $268 ...
A firm has sales of $1,060, net income of $210, net fixed assets of $512, and current assets of $268. The firm has $85 in inventory. What is the common-size balance sheet value of inventory?
Multiple Choice
16.60%
10.90%
8.02%