Here’s a quick retail math quiz for you. Test your knowledge of commonly used formulas in retail math.
Fill in the blanks…….
- Gross Margin % = Gross Margin ___________ divided by net ____________
- Stock to Sales Ratio = __________ of month $ stock divided by _________ for period
- Wage Cost = _____________ divided by net sales
- Net _______________________= net sales divided by total FTE employees
- Return (or refund) Rate = Total Refund $ divided by _________________
DMSRetail 
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