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ccarwile01
26.02.2020 •
Business
A firm has sales of $3,340, net income of $274, net fixed assets of $2,600, and current assets of $920. The firm has $430 in inventory. What is the common-size statement value of inventory? A. 44.16 percent B. 16.54 percent C. 13.36 percent D. 12.87 percent E. 12.22 percent
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Ответ:
The answer is E. 12.22 percent.
Explanation:
The calculation for common-size percentage is: (Amount / Base amount) x 100.
On the balance sheet or financial position the base is total assets and on the income statement the base is net sales.
The common-size statement value of inventory will be:
Value of inventory/total assets.
Total assets = $2,600 + $920
=$3,520
Value of inventory = $430
Therefore, we have:
($430/$3,520) x 100
12.22percent.
Ответ:
Keratin has two main functions: to adhere cells to each other and to form a protective layer on the outside of the skin. In epithelial cells, keratin proteins inside the cell attach to proteins called desmosomes on the surface. The desmosomes act as anchors, holding the cells together.