Practical Merchandising Math (National Retail Federation) | 
 enlarge | Author: Leo Gafney
Publisher: Wiley
Category: Book
List Price: $175.00
Buy New: $135.98
You Save: $39.02 (22%)
New (15) Used (9) from $134.93
Rating:  1 reviews
Sales Rank: 1090856
Media: Paperback
Edition: 1
Pages: 300
Number Of Items: 1
Shipping Weight (lbs): 1.2
Dimensions (in): 9.2 x 7.3 x 0.8
ISBN: 0471145181
Dewey Decimal Number: 658.8001513
EAN: 9780471145189
Publication Date: January 12, 1996
Availability: Usually ships in 1-2 business days
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Product Description
It's easier than you think to perform every retail math calculation quickly, accurately, and with confidence
Mathematics is an essential tool for determining every financial arrangement important to a retail business. Whether you're buying merchandise, figuring business expenses, pricing merchandise, or recording transactions, a solid working knowledge of practical calculating procedures is indispensable. But don't worry, we're not talking algebra, trigonometry, or calculus--just simple arithmetic you can perform using a calculator.
Practical Merchandising Math helps you teach yourself all the math you need to succeed in the retail industry. You'll learn to calculate markon, markup, and markdown; plan net sales, purchases, and stock turnover; and determine expenses and gross margin. You'll also learn the meanings of important terms and discover how the four retail areas where math is required--buying, selling, expenses, and record-keeping--are interrelated. This easy-to-use guide
* Covers all financial considerations relevant to costing and pricing merchandise
* Includes sample calculations with solutions
* Features handy, quick-reference charts for standard markon percentages
* Presents material in short sections followed by self-check practice exercises
Don't let math phobia become a roadblock on your way to retail success. Develop the skills you need, quickly and easily, with the help of Practical Merchandising Math.
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| Customer Reviews:
Good Book February 18, 2000
Anthony Mays (Las Vegas, Nevada)
11 out of 11 found this review helpful
Practical Merchandising Math is a very enlighting book. The Practice Questions are very helpful in learning the basics. From start to finish I found this book well done. I would only hope for deeper explanations. I devoured this book in about a week. Very well laid out. One chapter leads into another chapter very well. Again, my only hope (not a complaint) is to find a book just like this one with more advanced discussions based on real world scenarios. That's not to say that the examples used in this book were not real world scenarios ... they were simplified examples of real world scenarios. I recommend this book to anyone learning the art of inventory management, ordering systems analysis and planning for sales.
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