XYZ Supermarket Chain is assessing its financial performance:

• Calculate Cost of Goods Sold (CGS) for the fiscal year:
  • Beginning Inventory: $1,000,000
  • Purchases: $5,000,000
  • Ending Inventory: $800,000

• Analyze SG&A expenses:
  • Salaries: $1,200,000
  • Advertising: $500,000
  • Rent and Utilities: $300,000

• Compute Operating Income Margin.
• Propose strategies to reduce SG&A costs while improving customer experience.