Question: question 7 part 2 Using the profit-and-loss statement you developed in question #7 (part 2), and assuming that Westgate's beginning inventory was $11 million, ending

question 7 part 2 Using the profit-and-loss statement you developed in

question 7 part 2

question #7 (part 2), and assuming that Westgate's beginning inventory was $11

Using the profit-and-loss statement you developed in question #7 (part 2), and assuming that Westgate's beginning inventory was $11 million, ending inventory was $7 million, and total investment was $20 million including inventory, determine the following: 1. gross margin percentage 2. net profit percentage 3. operating expense percentage 4. inventory turnover rate 5. return on investment (ROI) 6. net marketing contribution 7. marketing return on sales (marketing ROS) 8. marketing return on investment (marketing ROI) 9. Is the Westgate division doing well? Explain your answer. Profit and loss statement Sales 4,20,00,000 COGS- 40% of sales 16800000 Gross Profit 2,52,00,000 Selling Expenses (3,000,000+ 5%*sales) 5100000 Promotion expenses 30,00,000 Freight 4200000 Managerial salaries and expenses 120,00,000 Indirect Overhead 30,00,000 Net Income 79,00,000

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