Top Posters
Since Sunday
21
o
6
d
6
A
5
H
5
n
4
t
4
d
4
p
4
r
4
s
4
C
3
New Topic  
exteesy07 exteesy07
wrote...
Posts: 75
Rep: 0 0
A month 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


Edition: 4th
Author:
Read 4 times
1 Reply
Replies
Answer verified by a subject expert
rotatorrorotatorro
wrote...
Posts: 72
Rep: 1 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
20%

$24,000 ÷ $120,000 = 20%
1

Related Topics

exteesy07 Author
wrote...

A month ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
this is exactly what I needed
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  265 People Browsing
 322 Signed Up Today
Related Images
  
 12003
  
 207
  
 107
Your Opinion
What's your favorite coffee beverage?
Votes: 257