Merchandising Math for Retailing / Edition 4

Merchandising Math for Retailing / Edition 4

by Cynthia R. Easterling Associate Provost and Professor, Ellen L. Flottman, Marian H. Jernigan, Beth E.S. Wuest
     
 

With a focus on understanding profit factors, this book provides a basic knowledge of the principles and techniques of real-world merchandising mathematics. Building on the authors' extensive retail experience, the book explains how to apply these fundamentals to realistic, everyday retail merchandising problems. Math applications specific to

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Overview

With a focus on understanding profit factors, this book provides a basic knowledge of the principles and techniques of real-world merchandising mathematics. Building on the authors' extensive retail experience, the book explains how to apply these fundamentals to realistic, everyday retail merchandising problems. Math applications specific to retailing makes this book an excellent resource for buyers and small store owners. Suggestions for working select problems on a computer spreadsheet includes examples of spreadsheets used for problems having to do with retail method of inventory and six-month merchandise plans. For Retail Executives and Buyers in training and Small Storeowners.

Product Details

ISBN-13:
9780131936430
Publisher:
Prentice Hall
Publication date:
05/02/2007
Series:
Pearson Custom Library: Fashion Series
Edition description:
Older Edition
Pages:
384
Product dimensions:
8.20(w) x 10.80(h) x 0.90(d)

Table of Contents

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 and Unit Open-to-Buy

APPENDIX A: REVIEW OF FRACTIONS

APPENDIX B: SELECTED FORMULAS

APPENDIX C: ANSWERS TO PRACTICE PROBLEMS

APPENDIX D: ANSWERS TO PRETEST

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