Multiple Choice
Water Forms, Inc. has sales of $268,900, net income of $34,800, net fixed assets of $146,700, and current assets of $98,200. The firm has $46,900 in inventory. What is the common-size statement
Value of inventory?
A) 16.82 %
B) 17.44 %
C) 19.15 %
D) 26.09 %
E) 31.97 %
Correct Answer:
Verified
Correct Answer:
Verified
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