Question: Selected financial statement data for Schmitzer Inc. is shown below: 2021 2020 65,000 53,000 Balance sheet: Inventories Ratios: Gross profit ratio for 2021 Inventory turnover

Selected financial statement data for Schmitzer Inc. is shown below: 2021 2020 65,000 53,000 Balance sheet: Inventories Ratios: Gross profit ratio for 2021 Inventory turnover ratio for 2021 50% 8 What was the amount of net sales for 2021

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