Using the following information, calculate the average beginning- of the month stock to sales ratio for a

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Using the following information, calculate the average beginning- of –the month stock –to sales ratio for a six month merchandise budget plan:
GMROI: ………….......... 150 %
Gross Margin: …………. 40 %

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Retailing Management

ISBN: 978-0070893207

4th Canadian Edition

Authors: Michael Levy, Barton Weitz, Dea Watson

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Question Posted: Dec 15, 2015 07:40 AM

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Using the following information, calculate the average beginning- of the month stock to sales ratio for a

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GMROI Gross Margin Salestostock ratio Salestostock ratio GMROI Gross Margin 150 40 Salestost...View the full answer

Retailing Management

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