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    Common size statement value

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    18. A firm has sales of $1,500, net income of $100, total assets of $1,000, and total equity of $700. Interest expense is $50. What is the common-size statement value of the interest expense?

    A. 3.3%
    B. 5.0%
    C. 7.1%
    D. 16.7%
    E. 50.0%.

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    https://brainmass.com/economics/income-distribution/common-size-statement-value-379603

    Solution Preview

    18. A firm has sales of $1,500, net income of $100, total assets of ...

    Solution Summary

    Common size statement value is explicated in the solution.

    $2.19