Oldie's Vintage has sales of $4,300, net income of $320, total assets of $4,800, and total equity

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Oldie's Vintage has sales of $4,300, net income of $320, total assets of $4,800, and total equity of $2,950. Interest expense is $65. What is the common-size statement value of the interest expense?

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Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

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Posted Date: Jan 25, 2024 04:50 AM

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Oldie's Vintage has sales of $4,300, net income of $320, total assets of $4,800, and total equity

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Intermediate Accounting

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