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Merchandising Mathematics for Retailing
ISBN: 9780135698983 | 0135698987
Edition: FACSIMILEFormat: Paperback
Publisher: Prentice Hall
Pub. Date: 2/1/1992
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This book provides readers with a firm foundation in the principles and techniques of real-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.
| Foreword | xiii | ||||
| Preface | xv | ||||
| Acknowledgments | xvii | ||||
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| Appendix B Review of Fundamental Arithmetic | 307 | (8) | |||
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| Appendix C Practice Problem Answers | 315 | (12) | |||
| Bibliography | 327 | (2) | |||
| Index | 329 |
