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This percentage is calculated the way any percentage is. Formulate the ratio you are interested in, evaluate it to a decimal number, multiply by 100%.
Example
If your total assets are $3M and your inventory is $1.2M, your inventory is 1.2M/3M*100% = .40*100% = 40% of your total assets.
Example
If your total assets are $3M and your inventory is $1.2M, your inventory is 1.2M/3M*100% = .40*100% = 40% of your total assets.
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