Q1. Style A which retails at $1000, was purchased at €50 cost with 10% discount and an exchange rate of 10, what is its

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

Q1. Style A which retails at $1000, was purchased at €50 cost with 10% discount and an exchange rate of 10, what is its

Post by answerhappygod »

Q1. Style A which retails at $1000, was purchased at €50 cost with 10% discount and
an exchange rate of 10, what is its landed cost and Initial GP%?
Q2. What is the retail price and GPS of Style B if its $800 landed cost with a 2.5 mark up?
Q1 Style A Which Retails At 1000 Was Purchased At 50 Cost With 10 Discount And An Exchange Rate Of 10 What Is Its 1
Q1 Style A Which Retails At 1000 Was Purchased At 50 Cost With 10 Discount And An Exchange Rate Of 10 What Is Its 1 (67.33 KiB) Viewed 28 times
Cost IMU (Initial Markup) Initial GP% (Gross Profit) Net Retail GPS GP% Discount% GP% Rec'd Cost% Cost ST% vs Receipts Cost ST% vs OTB (Open- To-Buy) Unit ST% vs Receipts Unit ST% vs OTB First Cost x Exchange Rate Retail Cost (Retail-Cost) = Retail - Retail-Discount Retail x (1-Disc %) = = Net Retail - COGS GPS Net Retail (Gross Retail-Net Retail) Gross Retail (Disc %- Int. GP%) (Disc%-1) Rec'd Cost OTB COGS Rec'd Cost Cost of Goods Sold OTB Units Sold Rec'd Units Units Sold Purchase Units = H -Landed Cost (local currency) =1- IMU (Net Retail-COGS) (Net Retail) ((1-GP%)-(1-Int. GP%)) ((1-GP%))
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply