A firm has the following data: . • Inventory = $15,000 Accounts Payable = $5,000 Cash = $1,500 Net Fixed Assets = $20,000 • Long-Term Debt = $8,000 . Accounts Receivable = $4,500 . Total Equity $12,000 What is the common-size percentage for the net fixed assets?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
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Financial Accounting Question please answer

A firm has the following data:
.
•
Inventory = $15,000
Accounts Payable = $5,000
Cash = $1,500
Net Fixed Assets = $20,000
•
Long-Term Debt = $8,000
.
Accounts Receivable = $4,500
.
Total Equity $12,000
What is the common-size percentage for the net fixed
assets?
Transcribed Image Text:A firm has the following data: . • Inventory = $15,000 Accounts Payable = $5,000 Cash = $1,500 Net Fixed Assets = $20,000 • Long-Term Debt = $8,000 . Accounts Receivable = $4,500 . Total Equity $12,000 What is the common-size percentage for the net fixed assets?
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