Cover image for Mathematics for retail buying
Mathematics for retail buying
Tepper, Bette K.
Personal Author:
Fourth edition, revised.
Publication Information:
New York : Fairchild Publications, [1996]

Physical Description:
xii, 333 pages : illustrations ; 28 cm
Added Author:
Format :


Call Number
Material Type
Home Location
Item Holds
HF5695.5.R45 T44 1996 Adult Non-Fiction Popular Materials-Small Business

On Order



This straightforward textbook/workbook introduces retail pricing and repricing of merchandise, the relationship of markup to profit, the retail method of inventory, dollar planning and control, and terms of sale. The fifth edition adds spreadsheet problems, store forms for practice problems, and a glossary. c. Book News Inc.

Table of Contents

Unit One Merchandising for a Profit
the concepts of profit and the calculation, interpretation, and analysis of the profit-and-loss statement
Unit Two Retail Pricing and Repricing of Merchandise
the pricing factors used in buying decisions and the calculations used when pricing and/or repricing retail merchandise
Unit Three The Relationship of Markup to Profit
the importance of markup to profitable merchandising and the calculations of the various types of markup
Unit Four The Retail Method of Inventory
explains the proven procedure of determining the total value of the stock-on-hand and shortages
Unit Five Dollar Planning and Control
the analysis of possible sales, the planning and control of stocks and purchases, and the techniques used
Unit Six Invoice Mathematics
Terms of Sale
discounts, dating procedures, and shipping terms that a retail buyer must know
Text Features
Chapter describing the impact of computer technology in retailing, the principles of successful merchandising, functions of buying, the merchandising process, and the responsibilities of the buyer
A "road map" of mathematical factors
Numerous work and practice problems
Additional case studies utilizing practical retailing situations and difficulties in real-life merchandising
Selected answers at the back of the book
Answer Manual provides computations and solutions for all of the practice problems and case studies in the text