Calculate the GMROI and inventory turnover given annual sales of $20,000, average inventory (at cost) of $4,000

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Calculate the GMROI and inventory turnover given annual sales of $20,000, average inventory (at cost) of $4,000 and a gross margin of 45 percent.

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Retailing Management

ISBN: 978-1259573088

10th edition

Authors: Michael Levy, Barton Weitz, Dhruv Grewal

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Question Posted: Dec 03, 2018 11:49 AM

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Calculate the GMROI and inventory turnover given annual sales of $20,000, average inventory (at cost) of $4,000

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GMROI Gross margin x Salestostock r...View the full answer

Retailing Management

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