Multiple Choice
Blue Mountain Foods has net fixed assets of $89,700 and current assets of $38,400,of which $21,400 is inventory.What is the common-size statement value of inventory?
A) 23.86%
B) 18.56%
C) 16.71%
D) 55.73%
E) 24.71%
Correct Answer:
Verified
Correct Answer:
Verified
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