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Robertson Corporation's inventory balance was $33,500 at the beginning of the year and $35,000 at the end. The inventory turnover ratio for the year

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Robertson Corporation's inventory balance was $33,500 at the beginning of the year and $35,000 at the end. The inventory turnover ratio for the year was 6.0 and the gross profit ratio 40%. What were net sales for the year? (Round your answer to the nearest dollar amount.) Multiple Choice $342,500, $210,000, $513,750 O $205,500.

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