Multiple Choice
A firm has sales of $3,900,net income of $1,304,total assets of $4,200,and total equity of $2,850.Interest expense is $80.What is the common-size statement value of the interest expense?
A) 1) 90%
B) 5) 10%
C) 2) 05%
D) 8) 18%
E) 6) 13%
Correct Answer:
Verified
Correct Answer:
Verified
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