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Calculate GMROI for female apparel given the following data: Net sales: $436,000 Beginning inventory at cost: 68,000 Closing inventory at cost: 62,800 Gross margin: 42%

Calculate GMROI for female apparel given the following data:

Net sales: $436,000

Beginning inventory at cost: 68,000

Closing inventory at cost: 62,800

Gross margin: 42%

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