Using the profit-and-loss statement

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Reference no: EM13274482

Using the profit-and-loss statement you developed in question 2.2b, and assuming thatWestgate’s beginning inventory was $11 million, ending inventory was $7 million, and total investment was $20 million including inventory, determine the following:

a. gross margin percentage

b. net profit percentage

c. operating expense percentage

d. inventory turnover rate

e. return on investment (ROI)

f. net marketing contribution

g. marketing return on sales (marketing ROS)

h. marketing return on investment (marketing ROI)

i. Is the Westgate division doing well? Explain your answer

Reference no: EM13274482

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