answer only question 5,7,8, 10,12,13, 14

SECTION OBL ON SS10 2.5 million Santa Bears, stuffed teddy bears dressed ultiple performs retailer use m 1. Why must a like Santa Claus, from a vendor in Taiwan. The measures to evaluate its performance? GMROI for the bears is expected to be 144 per- 2. Describe how a multiple retailer would set cent gross margin 24 percent and sales-to-stock its annual performance objectives. ratio 6, about average for a seasonal promoti is often measured by their 3. Buyers' performance Besides the invoice cost of the bears, Sears will gross margin. Why is this figure more appropri incur import fees, transportation costs from Tai than net profit or loss ate to distribution centres and then to and distribution centre and store costs such as markin ofit model (SPM) does the strategic pr 4. How planning and evaluating and handling. Since the bears amived early in April, assist retailers additional storage facilities are needed until they are shipped to the stores the first of marketing and financial strategies 5. Holt Renfrew high-service departinent store) and Price Costco (a chain of warehouse clubs) Is GMROI an adequate measure for evaluating the target different groups of customers. Which ormance of Santa Bears? Explain your answer. creasing inventory turnover is an important goal net should have the higher asset turnover, margin, and return on assets? Why What are the consequences retail manager that is too slow? Goo tk g information, Given the fo income statement and determine if there was a fine department in a has the same as the small appli profit or loss. (Figures are in S000. store ces department even though characteristics of $3 015 534 Sales OE e merchandise are quite different. Explain 2 020 954 Cost of goods sold 193 628 Operating expenses 15 188 Interest expense Calc 67 $20 000 Using the following information S75 000 ao. eet, de- Sharper Image Corp Average inventory (at cost) oration's 0.lt gures are in U.S termine the asset turnover. asset 13 Calculate GMROI and inventory turnover $000) $383 222 2.300 Net sales Total assets Annual sales 67 59 otal liabilities Average inventory (at cost) Boo Using the following information taken from the Gross margin k balance sheet and income statement for Lands sing the following information taken from the End, Inc., develop a strategic profit model. 2005 balance sheet and 2005 income statement (Figures are in USS000.) for Urban outfitters, develop a strategic profit $1 448 230 model. (Figures are in $000, can access and Excel spreadsheet for SPM calculations on the 758 792 575 662 Operating expenses student side of the book's Web site. S827 750 Net sal 227 220 Inventory 489 000 Cost of goods sold 13 297 Accounts receivable 198 384 perating expenses 162 067 Other current assets 83 363 Interest 98 996 Inventory Notes payable 8364 Accounts receivable 102 201 Other current liabilities 171 508 Other current assets 196 536 Fixed assets 271776 Fixed assets Long-term liabilities 9. Assume Sears is planning a special promotion for the upcoming holiday season. It has purchased