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What is the common-size statement value of inventory

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Problem 1: Paython Plaza Inc. has sales of $2,800, net income of $870, net fixed assets of $1,800, and current assets of $800. The firm has $310 in inventory. What is the common-size statement value of inventory?

a. 17.22%
b. 11.07%
c. 11.93%
d. 35.63%
e. 38.75%

Reference no: EM132958265

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