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?
A.
$126,000.
B.
$200,000.
C.
$120,000.
D.
$210,000.
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举一反三
【单选题】What does the speaker suggest?
A.
Various government offices can provide valuable information.
B.
Rules regarding setting up local businesses change frequently.
C.
Information about the course can be downloaded from a Website.
D.
Most of the businesses in the area are locally owned and operated.