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q5 inventory q8 inventory calculate gmroi and show steps please. thank you 6953x$20 6953*$10 $142,492 $69,530 $72,962 Tops Sales Cost of Goods Sold Gross Margin
q5 inventory
q8 inventory
calculate gmroi and show steps please. thank you
6953x$20 6953*$10 $142,492 $69,530 $72,962 Tops Sales Cost of Goods Sold Gross Margin of Tops Pants Sales Cost of Goods Sold Gross Margin of Pants Total Gross Margin 9449x$31 $288,316 9449x$15 S141,735 $146,581 $219,543 Advertising Promotion Wages & Salaries Payroll Taxes Training Rent and Utilities Insurance and Telephone Interest Expense Credit Card Expense Market Research Shrinkage Cost Other Expenses Total Expenses $36,024 $8,000 $89,252 $8,924 $800 $24,000 $5,200 $1,704 $12,061 $0 $5,640 $2,508 $194,113 Interest and Other Income Profit Before Taxes $997 $26,427 Taxes (30%) Profit After Taxes $8,111 $18,316 Helt a $4.59 Messages Balance Sheet Income Statement Cash Analysis Inventory Beginning Inventory Product Ordered Tops 1377 + 623 Pants 689 + 1311 Available for Sale 2000 2000 34 Less Shrinkage Less Sale 36 1639 1966 Ending Inventory 325 Inventory Trends Tops Inv. w Inv./Sales Ratio Pants Inv. m Inv./Sales Ratio 2000T T 115 2000T T 1.5 1500+ 1500+ 1000+ +05 500 500 0 1 2 3 4 5 2 3 4 5 HE nges Balance Sheet Income Statement Cash Analysis Inventory Beginning Inventory Product Ordered Tops 1022 + 1800 Pants 501 + 2700 Available for Sale 2822 3201 60 63 Less Shrinkage Less Sale 1743 2511 Ending Inventory 1019 627 Inventory Trends Tops Inv. Inv./Sales Ratio Pants Inv. Inv./Sales Ratio 2000T .5 20001 15007 1000+ 500+ 1500+ 1000+ 500+ 0 1 2 3 4 5 6 7 8 0 1 2 3 4 5 6 7 8Step by Step Solution
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