XYZ Retail Chain is analyzing its financial data:

Category	Amount ($)
Cost of Goods Sold
- Beginning Inventory	$1,200,000
- Purchases	$6,500,000
- Ending Inventory	$1,800,000
SG&A Expenses
- Rent	$250,000
- Advertising	$120,000

Requirements:

• Calculate the Cost of Goods Sold (CGS) for XYZ Retail Chain.
• Evaluate the Gross Profit Margin.
• Recommend strategies to optimize inventory turnover by 25% through efficient supply chain management.
• Analyze the financial impact of reduced inventory costs on working capital.