Russells hardware has inventory of 218000 equity of 421800, Ask an Expert

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Russell's Hardware has inventory of $218,000, equity of $421,800, total assets of $647,700, and sales of $587,200. What is the common-size percentage for the inventory account?

A. 26.81 percent
B. 33.66 percent
C. 37.12 percent
D. 49.09 percent
E. 51.68 percent

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9861754

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