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Merchandising Math Formulas

Merchandising Math Formulas - FASH 418/Kim Merchandising...

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FASH 418/Kim Merchandising Math Formulas Profitability Gross Margin = Net Sales – Cost of Merchandise Sold Gross Margin = Profit + Expenses Profit or Loss = Gross Margin – Expenses Expenses% = $Expenses / $Net Sales Gross Margin% = $Gross Margin / $Net Sales Profit% = $Profit / $Net Sales $Net Sales = $Profit / Profit% Gross Sales = Net Sales + Customer Returns Net Sales = Gross Sales – Customer Returns Customer Return% = $Return / $Gross Sales $Gross Sales = $Net Sales / Gross Sales% Complement Selling Cost % = Gross Wages / Net Sales Commission$ = Net Sales * Commission% Average Earnings per Hour = Total Commission/Total # of Hours Worked Average Sales Per Transaction = Gross Sales / # of Transactions Sales per Employee Hour = Net Sales / # of Employees Work Hours Sales per Full-time Equivalent = Net Sales / # of Full-time Equivalent Employees Sales per Square Foot of Gross Space = Net Sales / Square Feet of Space in Store Sales per Square Foot of Selling Space = Net Sales / Square Feet of Selling Space Amount of Space = Sales Volume / Sales per Square Foot Estimated Sales = Amount of Space * Sales per Square Foot
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