Blue Mountain Foods Has Net Fixed Assets of $89,700 and Current

question 10

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%

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Definitions:

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