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Review of the financial statements revealed the following for Ivanhoe Inc.: sales $1273000, net income...

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Accounting

Review of the financial statements revealed the following for Ivanhoe Inc.: sales $1273000, net income $44700, total assets $661960, long-term debt $754000, interest expense $66196 and cost of goods sold $793000. When preparing common-size financial statements, interest expense would be shown as
10.0%.
8.3%.
9.2%.
5.2%.
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