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The five “rights” of merchandising include all of the following EXCEPT:  

Littering of the grounds with discarded tobacco products is not permitted.

Reneé’s specialty store recorded Gross Sales of $156,000.00 for the year and Net Sales of $136,344.00. Customer Returns and Allowances amounted to $19,656.00. What CRA percent? (percent of merchandise sold that was returned?)

The men’s tie department net sales for the Spring season are $36,000 and total store’s sales are $2,400,000. What is the net sales percentage for the men’s tie department?

How can a buyer maximize gross margin?

A girl’s licensed tee shirt has a 65% markup and retails for $20.00. The cost price that a buyer would pay for the tee shirt would be

When you use Excel, what are the three types of content that you can enter?

For Dept. #55, set up a skeletal profit and loss statement in both dollars and percentage given the following information: Net sales $27,900.00 Gross margin 36.00% Expenses $9,155.00 What is the Profit (or Loss)?

A buyer plans to buy a selection of 200 suits to retail for a total of $33,750.00 with an average markup of 53.00%. She has already purchased 75 suits for $70.00 each (cost).  How many suits must still be purchased?  

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 the “bottom line” (amount profit or loss)