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Robertson Corporation's inventory balance was $30,500 at the beginning of the year and $38,000 at the end. The inventory turnover ratio for the year was

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Robertson Corporation's inventory balance was $30,500 at the beginning of the year and $38,000 at the end. The inventory turnover ratio for the year was 5.8 and the gross profit ratio 35%. What were net sales for the year? (Round your answer to the nearest dollar amount.) Multiple Choice $567,571. $220.400. $198,650. O $305,615

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