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Max's Tire Center Company

question 44

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Max's Tire Center Company
Selected data from the financial statements of Max's Tire Center are provided below.
Max's Tire Center Company  Selected data from the financial statements of Max's Tire Center are provided below.    -Refer to the selected data provided for Max's Tire Center. Which of the following would result from a vertical analysis of Max's balance sheet in 2012? A)  Inventory increased by 19.57% during 2012. B)  Inventory is 14.10% of net sales in 2012.. C)  Inventory is 8.20% of total assets in 2012. D)  Inventory is 11% of total assets in 2012.
-Refer to the selected data provided for Max's Tire Center. Which of the following would result from a vertical analysis of Max's balance sheet in 2012?


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