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Large retailers like Costco and Target typically use gross margin ratio (gross margin-sales), unverfor furnover (sometimes referred to as inventory turns), and gross margin return

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Large retailers like Costco and Target typically use gross margin ratio (gross margin-sales), unverfor furnover (sometimes referred to as inventory turns), and gross margin return on investment (GMRY the investment in inventory. Below are data for four scenarios, a base scenario (A) followed by the to evaluate how well inventory has been managed. The goal is to maximize profits while mi 1. 2. How much cost was charged to 57-25. Inventory Management Metrics modifications (B, C, & D) to the base scenario. Scenario B Scenario A $30,000 18,000 $12,000 Scenario C $36,000 15,000 $21,000 $60,000 30,000 $30,000 Sales.. Cost of goods sold. Gross profit.. Scenario $30,000 15,000 $15,000 $ 9,000 $ 9,000 $ 9,000 $ 7,500 Average inventory. Required For each scenario calculate the gross margin percent, the inventory turnover, and GMROI. -26. Evaluating Inventory Management Metrics T

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