A firm has inventory of $11,400, accounts payable of $9,800, cash of $850, net fixed assets of $12,150, long-term debt of $9,500, accounts receivable of $6,600, and total equity of $11,700. What is the common-size percentage for the net fixed assets? O 19.60 percent O 26.67 percent O 39.19 percent 42.08 percent O 48.75 percent

A firm has inventory of $11,400, accounts payable of $9,800, cash of $850, net fixed assets of $12,150, long-term debt of $9,500, accounts receivable of $6,600, and total equity of $11,700. What is the common-size percentage for the net fixed assets? O 19.60 percent O 26.67 percent O 39.19 percent 42.08 percent O 48.75 percent

Name: A firm has inventory of $11,400, accounts payable of $9,800, cash of
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Description: A firm has inventory of $11,400, accounts payable of $9,800, cash of $850, net fixed assets of$12,150, long-term debt of $9,500, accounts receivable of $6,600, and total equity of $11,700.What is the common-size percentage for the net fixed assets?O

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

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Concept explainers

Financial Ratios

A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.

Return on Equity

The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.

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Question

A firm has inventory of $11,400, accounts payable of $9,800, cash of $850, net fixed assets of
$12,150, long-term debt of $9,500, accounts receivable of $6,600, and total equity of $11,700.
What is the common-size percentage for the net fixed assets?
O 19.60 percent
26.67 percent
39.19 percent
42.08 percent
48.75 percent

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