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What is retail pricing and repricing of merchandise

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RETAIL PRICING AND REPRICING OF MERCHANDISE

Question:

For Spring, you purchased 640 pairs of men's fashion denim jeans that retail at $149.00.

Question a) In the first week, you sold only 25 pieces. Calculate the WOS and ST % for week 1.

Question b) In week 2, the decision was made to take a POS markdown to $99.99 and you sold 55 pieces. Calculate the WOS, ST %, build, and markdown to the customer and to the journal.

Reference no: EM132489270

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