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Merchandising Mathematics for Retailing,9780130484215
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Merchandising Mathematics for Retailing

by ; ; ;
Edition:
4th
ISBN13:

9780130484215

ISBN10:
0130484210
Format:
Paperback
Pub. Date:
1/1/2008
Publisher(s):
Prentice Hall
List Price: $91.60
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Summary

This book provides readers with a firm foundation in the principles and techniques ofreal-world merchandising mathematics and shows them how to apply these fundamentals to solving specific, everyday retail merchandising problems. Throughout, clear, concise explanations of concepts are followed by step-by-step example problems, practice problems using realistic industry figures, and selected answers. Includes suggestions for working some problems on a computer spreadsheet. Features a review of basic mathematics, decimals, percents, fractions, and highlighted formulas. Basic Merchandising Mathematics. Profitability. Cost of Merchandise Sold. Markup as a Merchandising Tool. Retail Pricing for Profit. Inventory Valuation. The Collar Merchandise Plan. Dollar Open-to-Buy. Performance Measures. For Retail Executives and Buyers in training and Small Storeowners.

Table of Contents

1. Introduction.
2. Basic Merchandising Mathematics.
3. Profitability.
4. Cost of Merchandise Sold.
5. Markup as a Merchandising Tool.
6. Retail Pricing for Profit.
7. Inventory Valuation.
8. The Dollar Merchandise Plan.
9. Dollar Open-to-Buy.
10. Performance Measures.
Appendix A. Review of Fractions
Appendix B. Selected Formulas.
Appendix C. Answers to Practice Problems.
Appendix D. Answers to Pretest.


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