Gross Margin Return on Inventory (GMROI)equals

question 78

Multiple Choice

Gross margin return on inventory (GMROI) equals:

• A) gross margin percentage / dollars invested in inventory at retail.
• B) (gross margin / net sales) * (net sales / average inventory at cost).
• C) gross margin percentage / inventory turnover rate.
• D) net profit margin / markdown percentage.
• E) (gross margin / net sales) * (net sales / average inventory at retail).

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