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Tom's Hardware Has Inventory of $318,000,equity of $421,800,total Assets of $647,700,and

Question 43

Multiple Choice

Tom's Hardware has inventory of $318,000,equity of $421,800,total assets of $647,700,and sales of $687,400.What is the common-size percentage for the inventory account?


A) 26.81 percent
B) 33.66 percent
C) 46.26 percent
D) 49.10 percent
E) 51.68 percent

Correct Answer:

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