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Calculate GMROI from the following data: Sales $230,891 Gross margin 41.5% Average inventory at cost $79,400 Select one: a. 0.83 b. 1.21 c. 2.91 d.

Calculate GMROI from the following data:

Sales $230,891

Gross margin 41.5%

Average inventory at cost $79,400

Select one:

a. 0.83

b. 1.21

c. 2.91

d. 0.17

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