Retail Formulas
- Acid - Test Ratio»
- Average Inventory»
- Basic Retailing Formula»
- Break - Even Analysis»
- Contribution Margin»
- Cost of Goods Sold»
- Gross Margin»
- Gross Margin Return on Investment»
- Initial Markup %»
- Inventory Turnover»
- Maintained Markup»
- Margin %»
- Markup»
- Net Sales»
- Open to Buy»
- Percentage Increase/Decrease»
- Quick Ratio»
- Reductions»
- Sales per Square Foot»
- Sell - Through Rate»
- Stock to Sales Ratio»
Markup
Markup is the difference between the cost of a good or service and its selling price. A markup is added on to the total cost incurred by the producer of a good or service in order to create a profit. The total cost reflects the total amount of both fixed and variable expenses to produce and distribute a product.Markup can be expressed as a fixed amount or as a percentage of the total cost or selling price. Different methods exist in determining the markup of a product.
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Prahran,VIC 3181
Australia