Question

Desperate need of math homework help! (Merchandise Math)

Answer 1

answer:its too late/early…but maybe this page will help you. sorry i suck at math. although i love shopping he he.. (9) Markup = The difference between the cost of an item and its selling price. This is the initial markup, or initial margin, before the impact of markdowns. http://www.retail-consultant.com/retail_math Retail Space Glossary of Retail Space Terms http://www.retail—space.com/Retail-Space-Glossary-Of-Terms.htm cool pdf presentation – check out page 19 http://www.smbtn.com/books/gb52.pdf NOTE TO GET THIS TO WORK YOU MUST DOWNLOAD SOMETHING I NEVER RECOMMEND DOWNLOADING ANYTHING OF COURSE Marketing Calculators – This spreadsheet contains eight calculators you can use to make marketing decisions. It contains the following: 1) Sales Revenue – represents net revenue after sales returns and allowances and discounts. 2) Cost of Goods Sold – the cost of the sales. 3) Gross Margin – Net revenue less cost of goods sold. 4) Selling Expense Ratio – Total selling expenses divided by sales. 5) Inventory Turnover – On average, the number of times per year you “turnover” the inventory. 6) Mark-up based on Cost – Mark-up divided by cost. 7) Markup Based on Selling Price – Mark-up divided by selling price. 8) Markdown – Markdown in dollars divided by the original price. Click Here To Open. http://www.jaxworks.com/download.htm Retail Sales Calculator http://www.csgnetwork.com/retailsalescalc.html advanced retailing: merchandising to economics http://www.jcwg.com/downloads/Advanced_Retailing.pdf Quick Books point of sale – VERY BIG FILE 712 PAGES http://accountant.intuit.com/member_programs/qb_advisor/pos_cert/v6/qbposv60_user_guide.pdf