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Author Question: Gross margin return on inventory (GMROI) equals: a. gross margin percentage / dollars invested in ... (Read 290 times)

lak

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on: Jun 29, 2018
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).

Question 2

If a retail salesperson is required to perform a wide range of activities, the person is said to have a high level of:
 a. task identity.
  b. responsibility.
  c. variety.
  d. multi-tasking.
  e. autonomy.


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connor417

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


lak

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

lkanara2

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  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

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