A retailer's gross margin equals $500,000.Its net sales are $1,000,000 and average inventory at cost equals $250,000.Its GMROI is _____ percent.

Name: A retailer's gross margin equals $500,000.Its net sales are $1,000,000 and average inventory at cost equals $250,000.Its GMROI is _____ percent.
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The Answer of A retailer's gross margin equals $500,000.Its net sales are $1,000,000 and average inventory at cost equals $250,000.Its GMROI is _____ percent.

A Retailer's Gross Margin Equals $500,000