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retail math formula. COGS Cost Of goods Sold COGS Beginning Inventory Purchases - Ending Inventory. A Retail Math Webinar Online.
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As a member youll also get unlimited access to over 83000 lessons in math English. Number of weeks worth of sales that is currently in inventory. Margin Sales Gross Margin GM 900 5100 400 GM.
Shrinkage Shrinkage Value of Lost Stock Total Sales for the period x 100.
Here is another way of stating the same formula. 400 900 444 GM rate. Cost of Goods Markup Retail Price Retail Price - Cost of Goods Markup Retail Price - Markup Cost of Goods. Number of weeks worth of sales that is currently in inventory.
