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Which of the following is the most accurate interpretation of 1.7 GMROI figure. The inventory needs to be 1.7 times average stock for the
Which of the following is the most accurate interpretation of 1.7 GMROI figure. The inventory needs to be 1.7 times average stock for the month For every $1 invested in inventory, $1.7 in gross margin was generated For every $1 invested in average stock, $1.7 in sales were generated The inventory needs to be 1.7 times sales for the month
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