Q. The Retailer is selling the merchandise for more than it costs the Retailer to acquire it, then the GMROI Ratio would be …………………… (Solved)
1. Higher than 1
2. Equal to 1
3. Less than 1
4. Equal to 3.2
- a. Higher than 1
1. Higher than 1
2. Equal to 1
3. Less than 1
4. Equal to 3.2