GMROI - An Important concept for Inventory Management Professionals to monitor performance of Inventory. Gross margin return on investment (GMROI) is an inventory profitability evaluation ratio that analyzes a firm's ability to
![Chapter 12 Powerpoints for Students_Managing Merchandise EXTRA MATH PRACTICE PROBLEMS.pptx - GMROI Example 1 Calculate the Gross Margin for the Socks | Course Hero Chapter 12 Powerpoints for Students_Managing Merchandise EXTRA MATH PRACTICE PROBLEMS.pptx - GMROI Example 1 Calculate the Gross Margin for the Socks | Course Hero](https://www.coursehero.com/thumb/b9/1b/b91b73663f45844df55ef68658db5230daace57e_180.jpg)
Chapter 12 Powerpoints for Students_Managing Merchandise EXTRA MATH PRACTICE PROBLEMS.pptx - GMROI Example 1 Calculate the Gross Margin for the Socks | Course Hero
![SOLVED: STION 19 Calculate GMROI from the following data: Sales 91,346,700 Beginning inventory at cost 485,900 Closing inventory at cost 462,360 Gross margin 4296 Paragraph Acla 3 (12pu) we and Submit to SOLVED: STION 19 Calculate GMROI from the following data: Sales 91,346,700 Beginning inventory at cost 485,900 Closing inventory at cost 462,360 Gross margin 4296 Paragraph Acla 3 (12pu) we and Submit to](https://cdn.numerade.com/ask_images/fcbe9e8797ce4c83b2d9c5ed409bfdfb.jpg)