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exteesy07 exteesy07
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2 years ago
The following financial statement items are shown for J&T Manufacturing.

Inventory$  24,000
Total assets120,000
Salaries payable12,000
Total liabilities52,000

Calculate the common-size percentage for inventory.

▸ 8%

▸ 14%

▸ 500%

▸ 20%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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rotatorrorotatorro
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