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Business Math Linda Santamaria
P.P.K’s  P.P.K’s is a fashion retail company that sells merchandise ranging from T-shirts, skirts, and sweaters.  Our store’s home is in Las Vegas, NV.  Our target market are younger women ages 16-25.
Terms of Sale 4/10, n/30 Invoice Date: September 2, 2009 If Discount Taken Date: September 12, 2009 If Discount not Taken: October 2, 2009 % Cash Discount Days to Pay Net Amount Net Amount Due In Days to take Discount
                 Mark Up Strategy Formulas Selling Price: Cost + Markup   Percent Markup Based on Cost: %M cost=Markup/Cost
               Mark Down Strategy Formulas Amount of Markdown: Original Selling Price- Sale Price Markdown Percent: Amount of Markdown/Original Selling Price
          Range of Merchandise Pricing Formula Range: Highest Value- Lowest Value
                       Sales Tax (Advameg, Inc., 2009) Formulas Sales Tax: Selling Price X Sales Tax Rate Total Purchase Price: Selling Price + Sales Tax
Formula Mean: Sum of Values/Number of Values
             Selling Success of Items
              Frequency Distribution
Sources Advameg, Inc. (2009). Las Vegas: Economy. Retrieved 2009, from City-Data.com: http://www.city-data.com/us-cities/The-West/Las-Vegas-Economy.html Brechner, R. (2006). Contemporary Mathematics. South-Western.

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Business math examples

  • 1. Business Math Linda Santamaria
  • 2. P.P.K’s P.P.K’s is a fashion retail company that sells merchandise ranging from T-shirts, skirts, and sweaters. Our store’s home is in Las Vegas, NV. Our target market are younger women ages 16-25.
  • 3.
  • 4. Terms of Sale 4/10, n/30 Invoice Date: September 2, 2009 If Discount Taken Date: September 12, 2009 If Discount not Taken: October 2, 2009 % Cash Discount Days to Pay Net Amount Net Amount Due In Days to take Discount
  • 5. Mark Up Strategy Formulas Selling Price: Cost + Markup Percent Markup Based on Cost: %M cost=Markup/Cost
  • 6. Mark Down Strategy Formulas Amount of Markdown: Original Selling Price- Sale Price Markdown Percent: Amount of Markdown/Original Selling Price
  • 7. Range of Merchandise Pricing Formula Range: Highest Value- Lowest Value
  • 8. Sales Tax (Advameg, Inc., 2009) Formulas Sales Tax: Selling Price X Sales Tax Rate Total Purchase Price: Selling Price + Sales Tax
  • 9. Formula Mean: Sum of Values/Number of Values
  • 10. Selling Success of Items
  • 11. Frequency Distribution
  • 12. Sources Advameg, Inc. (2009). Las Vegas: Economy. Retrieved 2009, from City-Data.com: http://www.city-data.com/us-cities/The-West/Las-Vegas-Economy.html Brechner, R. (2006). Contemporary Mathematics. South-Western.