Current Attempt in Progress The following financial statement items are shown for Cullumber Manufacturing. Inventory Total assets Salaries payable Total liabilities $27060 455% 22.0% 15.2% 10.0% 123000 15000 55000 Calculate the common-size percentage for inventory.
Current Attempt in Progress The following financial statement items are shown for Cullumber Manufacturing. Inventory Total assets Salaries payable Total liabilities $27060 455% 22.0% 15.2% 10.0% 123000 15000 55000 Calculate the common-size percentage for inventory.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Current Attempt in Progress
The following financial statement items are shown for Cullumber Manufacturing.
Inventory
Total assets
Salaries payable
Total liabilities
$27060
455%
22.0%
15.2%
O 10.0%
123000
15000
55000
Calculate the common-size percentage for inventory.
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