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Mathematics for Retail Buying

Mathematics for Retail Buying Cover

 

Synopses & Reviews

Publisher Comments:

New to this Edition - At the end of each of the six units of study, a new section entitled, "The Acaptation of Excel Spreadsheets" is included. - Includes a CD-ROM that contains templates for use with specific computer spread-sheet problems and cases. - Examples of current industry programs on collecting and recording data or the movement of inventory. - All practice problems apply industry terminology used in realistic merchandising situations. - To become familiar with real-world examples, store forms have been added for the computation of appropriate practice problems - Answer Manual provides computations and solutions for all of the practice problems and case studies in the text.

Synopsis:

This popular workbook meets the needs of students who will be directly or indirectly involved in the activities of merchandising and buying at the retail level. Bette K. Tepper continues to explain the essential concepts, practices, procedures, calculations, and interpretations of figures that relate to the many factors that produce profit.

About the Author

Bette K. Tepper, Fashion Institute of Technology

Table of Contents

Merchandising for a Profit
Defining the Basic Profit Factors
Profit and Loss Statements
How to Increase Profits
Retail Pricing and Repricing of Merchandise
Retail Pricing
Basic Markup Equations Used in Buying Decisions
Repricing of Merchandising
The Relationship of Markup to Profit
Types of Markup
Averaging or Balancing Markup
Limitations of the Markup Percentage as a Guide to Profits
The Retail Method of Inventory
Explanation of the Retail Method of Inventory
General Procedures for Implementing the Retail Method of Inventory
Shortages and Overages
An Evaluation of the Retail Method of Inventory
Dollar Planning and Control
Six-Month Seasonal Dollar Merchandise Plan
Open-to-Buy Control
Invoice Mathematics: Terms of Sale
Terms of Sale
Dating
Anticipation
Loading
Shipping Terms

Product Details

ISBN:
9781563675881
Publisher:
Fairchild Books & Visuals
Subject:
Fashion
Author:
Tepper, Bette K.
Author:
Cram101 Textbook Reviews
Subject:
Mathematics
Subject:
Retail trade
Subject:
Retail trade -- Mathematics.
Subject:
Education-General
Subject:
General-General
Edition Number:
6
Edition Description:
Trade paper
Publication Date:
20080131
Binding:
TRADE PAPER
Language:
English
Illustrations:
Y
Pages:
368
Dimensions:
10.72 x 8.58 x 0.8 in 1 lb

Related Subjects

Business » General
Business » Management
Business » Writing
Home and Garden » Interior Design » General
Science and Mathematics » Mathematics » Algebra » Prealgebra
Textbooks » General

Mathematics for Retail Buying
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Product details 368 pages Fairchild Books & Visuals - English 9781563675881 Reviews:
"Synopsis" by ,
This popular workbook meets the needs of students who will be directly or indirectly involved in the activities of merchandising and buying at the retail level. Bette K. Tepper continues to explain the essential concepts, practices, procedures, calculations, and interpretations of figures that relate to the many factors that produce profit.
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