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38. Use these numbers for the summer quarter: Sales Beginning inventory GM S April $13,250 $88,100 $7,900 May $17,500 $93,600 $9,800 June $13,400 $87,700 $7,200
38. Use these numbers for the summer quarter: Sales Beginning inventory GM S April $13,250 $88,100 $7,900 May $17,500 $93,600 $9,800 June $13,400 $87,700 $7,200 June end $87,000 MU % for the quarter is 68.2%. Find: a. Total sales for the quarter. b. Average inventory for the quarter. c. Average inventory at cost for the quarter. d. Total GM $ for the quarter. e. Turn for the quarter. f. GMROI for the quarter. 5.2 TURNOVER/GMROI | 21 e. Turn for the quarter. f. GMROI for the quarter. g. GM % for the quarter
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Simplifying Finance And Accounting Function
Authors: Mr. Dauji Gupta
1st Edition
9353467276, 978-9353467272
