The balance sheet for Robert Company is given below: If a common-size balance sheet was prepared,what would Robert Company report for inventory?
A)13.5%
B)25.2%
C)34.5%
D)86.3%

Question

The balance sheet for Robert Company is given below:   If a common-size balance sheet was prepared,what would Robert Company report for inventory?
A)13.5% 
B)25.2% 
C)34.5% 
D)86.3%

Quizplus · Accepted Answer

The Answer of The balance sheet for Robert Company is given below:   If a common-size balance sheet was prepared,what would Robert Company report for inventory?
A)13.5% 
B)25.2% 
C)34.5% 
D)86.3%

The Balance Sheet for Robert Company Is Given Below