If a Merchandise Line Has a Gross Margin of 35

question 74

Multiple Choice

If a merchandise line has a gross margin of 35 percent and sales per dollar of inventory investment of 4.0,what is its GMROI?

• A) $ 2.60
• B) $ 1.40
• C) $ 6.15
• D) $11.43
• E) $14.00

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Definitions:

Poor Nutrition

A condition where the intake of nutrients is insufficient to meet the body's needs, leading to health issues and deficiencies.

Sex Glands

Organs in the body responsible for producing sex hormones and gametes, crucial for reproductive functions.

Secondary

Pertaining to the second level or stage in a sequence or process.

Sex Characteristics

The traits that distinguish the biological sexes of male and female, including primary characteristics like reproductive organs and secondary characteristics like body hair distribution.