Cheat Sheet Retail Math Formulas Pdf

Break even break even fixed costs gross margin percentage.

Cheat sheet retail math formulas pdf. Retail math reference and glossary of terms name description formula example age weeks active the amount of weeks an item is on the selling floor. You could also decide to print a cheat sheet for each student and have them glue it into their interactive notebooks. N a n a all comp store sales. Retail formulas definitions and examples kpi measurement formula expressed as example sales average transaction value gross sales number of transactions currency 25 550 1 200 21 25 items per transaction number of items sold number of transactions number 3 800 1 200 3 16.

Use this handy cheat sheet to discover great functions and tips to help you get the most out of excel. Retail math is used daily in various ways by store owners managers retail buyers and other retail employees to evaluate inventory purchasing plans analyze sales figures add on markup and apply markdown pricing to plan stock levels in the store. 2019 aba enterprises llc real estate math formulas cheat sheet 1. Or to make suggestions for formulas i should add to this sheet.

Inventory retail avg. If you give one to each student you could have them color the cheat. I ve included a version of that cheat sheet on this blog that is available here. Basic properties and formulas if fx and g x are differentiable functions the derivative exists c and n are any real numbers 1.

Feel free to use it if it is at all helpful to you. Math in demand teacher notes if you want to make a class set i would recommend laminating the cheat sheet so that you can use it year after year. Inventory cost 1 000 000 240 000 1 200 000 1 040 000 1 300 000 60 000 369 200 4 00 380 000 304 000 01. It isn t a complete listing of all retail math equations.

Retail math cheat sheet these sample formulas are based on the data below data for 13 weeks. Contribution margin contribution margin total sales variable costs. It s easy to use excel for many of your day to day number crunching tasks like determining your business s average sale computing classroom grades or forecasting college expenses. Cost of goods markup retail price retail price cost of goods markup retail price markup cost of goods.

I ve pared it down to those that i have found most essential over the years. Although most accounting programs do the math for you as a business owner or accountant you should know the most common retail math formulas. Retail math formulas.