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?
A) 15.01 %
B) 15.68 %
C) 16.18 %
D) 30.42 %
E) 52.83 %

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The Answer of 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?
A) 15.01 %
B) 15.68 %
C) 16.18 %
D) 30.42 %
E) 52.83 %

A Vancouver ﬁRm Has Sales of $1,640, Net Income of $135