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Justin has achieved sales of $15,250.00 this week, which was an increase of 6.50% over his sales last week. What were Justin’s sales last week?

Retailer J had sales for the spring season of $4,900,000.  Missy dress net sales were $245,000 and shoe sales were 4.2%. Calculate (a) the percentage for the dress sales and (b) the net sales dollars for shoes.

You may use ONLY the following during the test

You must use a Chrome browser for the Retail Merchandising 1 test so that honorlock works correctly.

For a retail operation with the following figures: Net Sales                                $500,000.00 Cost of Merchandise Sold    $325,600.00 Direct Expenses                  $100,000.00 Indirect Expenses                    $ 75,000.00 Find Contribution dollar.

The Boy’s department actual year-end results are as follows:             Net Sales                        $500,000             Gross margin                    150,000 What are (a) Cost of Merchandise Sold in dollars and (b) Gross margin percent and (c) Net Sales Percent?

An off-price specialty store chain reported that sales dropped to $338,400,000 from $374,700,000  reflecting the closure of 25 stores during COVID. What was the percent decrease?

A fashion store has 90,000 square feet with an annual sales per square foot of $300.00. Determine the store’s total sales.

A buyer has inventory with the following figures:                                                    COST                                         RETAIL                                       Opening Inventory               $30,000                                     $62,000 Purchases                             $25,000                                      $70,000 Net Transfers OUT               $10,000                                     $21,000   Find: TOTAL  Merchandise Handled at COST                      

Gross margin results from?