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Mathematics for Retail Buying [With CDROM]


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Table of Contents

Contents Unit One: Merchandising for a Profit-the concepts of profit and the calculation, interpretation, and analysis of the profit-and-loss statement Unit Two: Retail Pricing and Repricing of Merchandise-the pricing factors used in buying decisions and the calculations used when pricing and/or repricing retail merchandise Unit Three: The Relationship of Markup to Profit-the importance of markup to profit-able merchandising and the calculations of the various types of markup Unit Four: The Retail Method of Inventory-explains the proven procedure of deter-mining the total value of the stock-on-hand and shortages Unit Five: Dollar Planning and Control-the analysis of possible sales, the planning and control of stocks and purchases, and the techniques used Unit Six: Invoice Mathematics-Terms of Sale-discounts, dating procedures, and shipping terms that a retail buyer must know

About the Author

Bette K. Tepper, Fashion Institute of Technology

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