Question: Selected financial statement data for Schmitzer Inc. is shown below: 2021 2020 Balance sheet: Inventories 74,000 62,000 Ratios: Gross profit ratio for 2021 50 %
Selected financial statement data for Schmitzer Inc. is shown below: 2021 2020 Balance sheet: Inventories 74,000 62,000 Ratios: Gross profit ratio for 2021 50 % Inventory turnover ratio for 2021 5 What was the amount of net sales for 2021?

Selected financial statement data for Schmitzer Inc. is shown below: What was the amount of net sales for 2021
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