Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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A firm has inventory of $12,600, accounts payable of $11,900, cash of $990, net fixed assets of $13,400, long-term debt of $11,900, accounts receivable of $6,600, and total equity of $12,300. What is the common-size percentage for the net fixed assets? What is the answer?

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Principles of Accounting Volume 1
Accounting
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax College