Tom's Hardware has inventory of $318,000, equity of $421,800, total assets of $647,700, and sales of $687,400.

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Tom's Hardware has inventory of $318,000, equity of $421,800, total assets of $647,700, and sales of $687,400. What is the common-size percentage for the inventory account?

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Accounting Principles

ISBN: 978-1119048473

7th Canadian Edition Volume 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: Feb 15, 2018 07:36 AM

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Tom's Hardware has inventory of $318,000, equity of $421,800, total assets of $647,700, and sales of $687,400.

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Accounting Principles

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