Question: Selected financial statement data for Schmitzer Inc. is shown below: 2018 2017 Balance sheet: 67,e0055,000 Inventories Ratios: Gross profit ratio for 2018 Inventory turnover ratio

Selected financial statement data for Schmitzer Inc. is shown below: 2018

Selected financial statement data for Schmitzer Inc. is shown below: 2018 2017 Balance sheet: 67,e0055,000 Inventories Ratios: Gross profit ratio for 2018 Inventory turnover ratio for 2018 50% 4 What was the amount of net sales for 2018? Net sales

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