For a department having the following figures:              …

For a department having the following figures:                                         $ Retail     Net Sales                     170,000.00 Profit                               6,000.00 Expenses                      70,000.00 Employee discounts         400.00 Markdowns                    5,200.00 Shortages                          600.00   Find the figure that goes in the numerator (on the top of the formula) for Initial Markup  ($)

For a department having the following figures:              …

For a department having the following figures:                                         $ Retail     Net Sales                     170,000.00 Profit                               6,000.00 Expenses                      70,000.00 Employee discounts         400.00 Markdowns                    5,200.00 Shortages                          600.00   Find Initial Markup Percent (IMU)

Using the following figures, determine  gross margin dollar:…

Using the following figures, determine  gross margin dollar: Net Sales                                $600,000 Alterations                               $11, 000 Cash Discounts                          $9,000 Gross Cost of Merch. Sold    $325,000