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At the end of the spring season, your department had a gross margin of 30.0% combined with a turnover rate of 2.2. It has a

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At the end of the spring season, your department had a gross margin of 30.0% combined with a turnover rate of 2.2. It has a markup percentage of 47.0%. At the end of the fall season, your department had a gross margin of 42.0% combined with a turnover rate of 2.3. It has a markup percentage of 49.0% Remember to round up for down) to the nearest tenths place. 29. Calculate the GMROI for the fall season. 119 2.1.2 3. 2.0 15

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