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A Vancouver firm has sales of $1,640, net income of $135, net fixed assets of $1,200, and current assets of $530. The firm has $280 in inventory. What is the common-size statement value of inventory?
Total Reserves
The amount of funds that a bank or financial institution has in its vault or with the central bank, available to meet any withdrawal or payment demands.
Debit Cards
Payment cards that deduct money directly from a consumer's checking account to pay for a purchase.
PIN Number
A personal identification number that securely authenticates a user's identity, often used in bank transactions.
Credit Cards
Financial instruments issued by banks and financial institutions that allow cardholders to borrow funds up to a specified limit to purchase goods and services.
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