Retail math is often used in various ways by store owners, managers, retail buyers and other retailing employees. It is used to evaluate inventory purchasing plans, analyze sales figures, add on markup and apply markdown pricing to plan stocks.

Although there are computer programs and other tools available, performing these retail math calculations often requires familiarity with formulas. Use the following equations and retail math formulas to track merchandise, measure sales performance and help create pricing strategies.

Acid-Test Ratio

Acid-Test Ratio = Current Assets - Inventory ÷ Current Liabilities

Average Inventory

Average Inventory (Month) = (Beginning of Month Inventory + End of Month Inventory) ÷ 2

Basic Retailing Formula

Cost of Goods + Markup = Retail Price
Retail Price - Cost of Goods = Markup
Retail Price - Markup = Cost of Goods

...Average formula:
Let a1,a2,a3,......,an be a set of numbers, average = (a1 + a2 + a3,+......+ an)/n
Fractions formulas:
Converting a mixed number to an improper fraction:
Converting an improper fraction to a mixed number:
Formula for a proportion:
In a proportion, the product of the extremes (ad) equal the product of the means(bc),
Thus, ad = bc
Percent:
Percent to...

...Formulas (to diﬀerential equations) Math. A3, Midterm Test I.
sin2 x + cos2 x = 1 sin(x ± y) = sin x cos y ± cos x sin y tan(x ± y) =
tan x±tan y 1∓tan x·tan y
diﬀerentiation rules: (cu) = cu
′ ′ ′ ′ ′
(c is constant)
cos(x ± y) = cos x cos y ∓ sin x sin y
(u + v) = u + v
(uv)′ = u′ v + uv ′
′ ′ u ′ = u v−uv v v2 df dg d dx f (g(x)) = dg dx
sin 2x = 2 sin x cos x tan 2x = sin x =
2
cos 2x = cos2 x − sin2 x
2 tan x 1−tan2 x 1−cos 2x , 2...

...down the incline due to its own weight, the angle between the horizontal and the incline is called angle of repose 𝜽, as shown in Figure 3. In the previous experiment, if we are measuring along the y-axis, the formula will be
ΣFy=0, f=Wcosθand if we are measuring along the x-axis, the formula will be
ΣFx=0, f=Wsinθ.
The coefficient of friction is equal to the tangent of the angle of repose.
µ=fN=WsinθWcosθ, µ=tanθ(Equation 3)
In this experiment, we should be...

...
The case between Beauty and Stylish involves concept of a valid contract, pre-contractual statements, express term and misrepresentation.
A valid contract is established between Beauty and Stylish when an offer is accepted and there is intention for both parties to create legal relations. An offer refers to the expression of willingness of the offerer to be contractually bound by an agreement if his or her offer is properly accepted. It has to be clear and certain in terms. It must also...

...The Euler’s Formula
Euler’s formula and Identity: eix = cos(x) + i(sin(x))
The world of math today is one with endless possibilities. It expands into many different and interesting topics, often being incorporated into our everyday lives. Today, I will talk about one of these topics; the most mind-blowing and fascinating formula invented, called the “Euler’s formula”. This formula was created and...

...Grade 8 Mathematics Formula Sheet
2009 Mathematics Standards of Learning
Geometric Formulas
s
h
w
r
d
s
l
b
p = 4s
A = s2
A = 1 bh
2
C = 2π r
C = πd
A = πr2
p = 2l + 2w
A = lw
b1
b
r
h
h
h
l
b2
b
A = bh
h
h
w
V = lwh
S.A. = 2lw + 2lh + 2wh
A = 1 h(b1 + b2 )
2
B
l
V = πr 2h
S.A. = 2πr 2 + 2πrh
l
h
c
a
r
B
b
V = 1 Bh
V = Bh
S.A. = hp + 2 B
h
a2 +...

...Retailing VTU notes
PART-B- RETAIL MANAGEMENT
MODULE 5 - RETAIL MANAGEMENT
Retail Management: Definition:
“Retailing consists of activities involved in selling goods and services to ultim
ier. Retailers will be interested to assess the working of the supplier on paramerter such as innovation,speed of new product or variant introduction, sampling service, marketing support(advertising and promotion) and handling queries and complaints....

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