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If a department has a turnover rate of 2.5, a gross margin of 30% and a markup of 50%, what will the GMROI be
If a department has a turnover rate of 2.5, a gross margin of 30% and a markup of 50%, what will the GMROI be for this department? a. 5.0 b. 2.5 c. 1.5 d. 2.0
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