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Calculate GMROI for a six-month season from the following data: Gross margin...

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Accounting

Calculate GMROI for a six-month season from the following data:

Gross margin $40,000

Inventory at Cost:

BOM stock August 8,300

BOM stock September 8,700

BOM stock October 7,000

BOM stock November 6,500

BOM stock December 9,200

BOM stock January 6,800

EOM stock January 6,900

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