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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

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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 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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