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The toddler's department recorded the following stock activity during the Fall Season (August 2022 January 2023): 1) What was this department's average inventory at retail

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The toddler's department recorded the following stock activity during the Fall Season (August 2022 January 2023): 1) What was this department's average inventory at retail in the Fall 2022 season? ( 1 point) 2) What was the department's seasonal inventory turnover for Fall 2022? (1 point) 3) If this department achieved a gross margin of 37% with a cumulative markup of 50%, what was the GMROI of the department in Fall 2022? (1 point) 4) Interpret the GMROI figure in words. (2 points)

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