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Foot Locker purchases 500 pairs of cross training shoes monthly at $50 a pair. Foot Locker sells the shoes at $85. The allocated expenses are

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Foot Locker purchases 500 pairs of cross training shoes monthly at $50 a pair. Foot Locker sells the shoes at $85. The allocated expenses are $2500 and the allocated fixed costs are $1000. The allocated total assets are $80,000. Calculate the profit, unit gross margin gross margin percentage, and return on investment (ROI). Assume Foot Locker sells all 500 pairs of shoes

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