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Marl-{sheet 3115 Eoints} Calculate GMIROI and inventory turnover given annual sales of $20,000, average inventory (at cost) of $4,000 and a gross margin of 45%.
Marl-{sheet 3115 Eoints} Calculate GMIROI and inventory turnover given annual sales of $20,000, average inventory (at cost) of $4,000 and a gross margin of 45%. {2point) Using the following information, calculate additions to stock: (2 point) Sales $26,000 EDM stock $100,000 BUM stock $88,000 Using the following information, calculate the average BUM stocktosales ratio for a sixmonth merchandise budget plan: ( 2 point). Gl'uIROI 130% Gross lL-[argin 46% Today is July 19. Buyers at two different stores are attempting to assess current opentobuy given the following information: Store A: Actual BOM stock $50,000 Monthly additions actual $25,000 Merchandise on order to be delivered $10,000 Planned monthly sale. $30,000 Planned reductions $5,000 Planne - $65,000 Store : - $75,000 Monthly additions actual $30,000 Merchandise on order to be delivered $12,000 Planned monthly sales $40,000 Planned reductions $6,000 Planned EOM stock $75,000 1What is the opentohuv on July [9? Mat does this number mean to you for each store? (4 points}
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