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MC Qu. 80 Robertson Corporation's inventory balance... Robertson Corporation's inventory balance was $35,100 at the beginning of the year and $20,000 at the end. The
MC Qu. 80 Robertson Corporation's inventory balance... Robertson Corporation's inventory balance was $35,100 at the beginning of the year and $20,000 at the end. The inventory turnover ratio for the year was 4.6 and the gross profit ratio 35%. What were net sales for the year? (Round your answer to the nearest dollar amount.) Multiple Choice O $194969 $194,969 O $92.000
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Managerial Accounting An Introduction To Concepts Methods And Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil, Sidney Davidson
7th Edition
0030259630, 978-0030259630
