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The entire dollar amount received for merchandise sold during a given period before any returns or reductions are taken is called?

Jasmine’s sales for one week were $2,500.00, which was 4.00% of the department’s weekly sales. What were the department’s total sales for the week?

Which is a measure of a buyer’s profitability?

Which of the following terms indicates how much merchandise has been sold in dollars, what is actually and finally collected from customers?

Pricing of product is dependent on which of the following factors?

The Net Sales percent is typically not “given” because it is always

Select the correct definition to match each merchandising term.

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