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9 Brief Exercise 8-13 (Algo) Ratio analysis (LO8-7] Selected financial statement data for Schmitzer Inc. is shown below. eBook 2021 2020 Balance sheet: Inventories Ratios:

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9 Brief Exercise 8-13 (Algo) Ratio analysis (LO8-7] Selected financial statement data for Schmitzer Inc. is shown below. eBook 2021 2020 Balance sheet: Inventories Ratios: Gross profit ratio for 2021 Inventory turnover ratio for 2021 66,000 54,000 Print 40% 9 References What was the amount of net sales for 2021? Net sales S 39,800

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