Merchandising processes formulas
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Last updated 9:01 PM on 2/24/25
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6 Terms
1
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Net sales
gross sales - customer returns/allowances
2
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gross margin
net sales - cost of goods sold
3
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Expenses
(total overhead/operating expenses)/ net sales
4
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operating profit
gross margin/operating expenses
5
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inventory turnover
net sales/ average inventory
6
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SKU
#of colors x #of sizes x #of styles
Note 
Flashcards (37)