Question

Calculate GMROI and inventory turn given COGS of COGS 2 pts $ 222500 $ 80,000 $ 370,833 $ 148,333 Sales Ave inv Cast GM $ GMROI Turn GM % 10.1 40% 10.2 Turn GMROI For a Dept., in a store, with annual sales are $4,000,000. It's current sales per SQ FT. are $350, the indus try standard is $250. How many SQFT should be added to the Dept's current space to change it sales / SQFT to the industry s tandard? 12pts 4.571 SQ FT 11 A store that sells books, magazines and newspapers has an average inventory of $47,000 at cost. Its cost of goods for last year was $170,500, and COGS was 55% and SG & A was $100,000. Cakulate the retailer's inventory turnover. 12 pts Turn 12 What ratio would a retailer utilize to best comp are the performance of brand name ven dors in the assortment of a Women's apparel de partm ent A. cost of goods sold percent B. gross marginpercent C operating expense percent D. GMROI E. Sales and markdown rate 1 13 A store that sells books, maga zin es and newspapers has an average inventory of $15,000 at cost for the month. The cost of goods was $62,000, and the gross margin was $88,000. Caleulate the retailer's in ventory turnover. A. 1.70 B. 2.41 C. 4.13 D. 5.86 E. 10.0 F.None of the above 14 12

Answer 1

Sc ton Given lo-1) GHRO Cnd în vectoxy tin to Cafculate need given CoS GHROI= Gess Mogin $ Aveyage nventosy afcost 18,333 = 80,000 85 GMROT 0-2 TUan (ost, ot Good Sold fnventosy Avenage 222500 80,000 TUJIN 2-78 whene TUSIN n ventony turnoven o ae need o Caicalcfe the taflal's snven toy cnover

inven torY on oven (tun) js Lost ot Gad Sold Average inventosy $179 Soo 4.7,000 E3.62 ob JefallenS the atto s In uoo! be the the best LoM par e ob perposHance ob hrand Vendoss hatte 2 In assot Hent o apparel the awon enls CA depatMent D GHROl the Vendosts gross prOfib vs GHRO Can COMPARE nventoy 2ach invested Ob 14 n this need Calcafef e the Xetai lenls inventeqy tunove

inven tooy Honnove (Funn) Fs Cast ob o0d sold fn ven tory Avenage $15, 000 TUn 413