Profit II

The proportioning of different cost amounts that can carry retail prices that achieve the desired markup percentage.

Price that will achieve desired markup percentage.

The adjustments of the proportions of goods purchased @ different markups. A composite of the relationship between all cost & retail for a department or grouping of goods during a specific time.

The markup percentage achieved on all goods available for sale from the beginning of a given period. It is the markup in dollars or percentages obtained on the accumulative inventory at the beginning of the given period, plus the markup of all the new purchases received season-to-date.

Price received when an item is sold.

The difference between the cost of goods and the actual selling price of the merchandise sold.

Markdown plus stock shortages and employee discounts.