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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Selected financial statement data for Schmitzer Inc. is shown below:
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| Â | 2013 | 2012 | ||||
| Balance sheet: | Â | Â | Â | Â | Â | Â |
| Inventories | Â | 60,000 | Â | Â | 48,000 | Â |
| Ratios: | Â | Â | Â | Â | Â | Â |
| Gross profit ratio for 2013 | Â | 40 | % | Â | Â | Â |
| Inventory turnover ratio for 2013 | Â | 5 | Â | Â | Â | Â |
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What was the amount of net sales for 2013?
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