MCQOPTIONS
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| 1. |
The Retailer is selling the merchandise for more than it costs the Retailer to acquire it, then the GMROI Ratio would be …………………… |
| A. | Higher than 1 |
| B. | Equal to 1 |
| C. | Less than 1 |
| D. | Equal to 3.2 |
| Answer» B. Equal to 1 | |