Question: Selected financial statement data for Schmitzer Inc. is shown below: What was the amount of net sales for 2021? 2021 2020 Balancesheet: Inventories Ratios: Gross

Selected financial statement data for Schmitzer Inc. is shown below:

2021 2020 Balancesheet: Inventories Ratios: Gross profit ratio for 2021 Inventory turnover

What was the amount of net sales for 2021?

2021 2020 Balancesheet: Inventories Ratios: Gross profit ratio for 2021 Inventory turnover ratio for 2021 $60,000 $48,000 40%

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