A retailer's gross profit for 2017 was $70,000; its net sales were $1,000,000 and average inventory at cost equaled $250,000.Its GMROI equaled ________.

Name: A retailer's gross profit for 2017 was $70,000; its net sales were $1,000,000 and average inventory at cost equaled $250,000.Its GMROI equaled ________.
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The Answer of A retailer's gross profit for 2017 was $70,000; its net sales were $1,000,000 and average inventory at cost equaled $250,000.Its GMROI equaled ________.

A Retailer's Gross Profit for 2017 Was $70,000; Its Net