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Robertson Corporations inventory balance was $30,800 at the beginning of the year and $33,000 at the end. The inventory turnover ratio for the year was
Robertson Corporations inventory balance was $30,800 at the beginning of the year and $33,000 at the end. The inventory turnover ratio for the year was 5.3 and the gross profit ratio 40%. What were net sale for the year? (Round your answer to the nearest dollar amount) $169,070 $174,900 $281,783 $422,675
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