What were net sales for the year


Robertson Corporation's inventory balance was $22,000 at the beginning of the year and $20,000 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?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What were net sales for the year
Reference No:- TGS0680328

Expected delivery within 24 Hours