Calculate GMROI and inventory turnover given: Annual sales $12,000 Average inventory (at cost) $4,000 Gross

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Calculate GMROI and inventory turnover given:
Annual sales ……………………………… $12,000
Average inventory (at cost) ……………… $4,000
Gross margin ……………………………. 35%

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Retailing Management

ISBN: 978-0070893207

4th Canadian Edition

Authors: Michael Levy, Barton Weitz, Dea Watson

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Question Posted: Dec 15, 2015 07:38 AM

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Calculate GMROI and inventory turnover given: Annual sales $12,000 Average inventory (at cost) $4,000 Gross

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1 GMROI GMROI Gross Margin Average inventory at cost 35 x ...View the full answer

Retailing Management

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