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The average retail profit margin is around 8 percent. Retail makes their profits by selling large quantities of product.
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∙ 9y ago
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What does ASP in retail mean?
Average sales profit
If average profit increases with output marginal profit must be?
greater than average profit.
What is the formula for evaluating a business' goodwill?
Goodwill (by Average profit Method) = Average profit X No.of years purchaseGoodwill(by Super profit method) Normal profit = Average capital employed X Normal rate of return / 100Super profit = Actual profit- Normal profitGoodwill = Super profit x Number of years purchase (usually specified in question)
What is the average profit margin for bar and grill?
In Canada the after tax profit margin is 4%
What reasons would a retail manager have for marking prices higher?
Increase profit, keep pace with market prices
What does ASP in retail mean?
Average sales profit
What is the formula of profit?
Profit = retail price - manufacturing cost
What has the author Carlos R Margain written?
Carlos R. Margain has written: 'Los lacandones de Bonampak' -- subject(s): Lacandon Indians
How much profit is made of an average jar of nescafe coffee?
From the retail point, each Nescafe Instant Coffee has about $3-4 in markup.
If average profit increases with output marginal profit must be?
greater than average profit.
What does GP stand for in food retail?
Might be Gross Profit.
What is the average profit margin for nutritional supplements?
The average profit margin is 35%.
If the retail price of an item is 21 and the retail gross profit margin is 33 percent what is the wholesale cost?
14
Where are the security classificatons located on a map?
the upper and lower margain of the map.
How does the buying at wholesale prices and selling retail prices help you make a profit?
Well its really simple profit is equal to selling price- cost of good sold. therefore increasing profit comes from several actions, the cheaper you buy(wholesale) the more profit. The more expensive you sell (retail) the higher the profit. The next factor is volume, the more you sell the more profit you will receive thus all retail business tries to make the largest difference in price between wholesale and retail price while maintaining high sales volumes since you are probably a kid heres and example buying 20 ipods for 100 each (wholesale) and selling them for 200 each retail creates 100 profit per each ipod.
Formula for average rate of return?
Average rate of return=Average profit /Initial investment*100% or ARR=Average profit /Average investment*100% or ARR=Total profit /Initial Investment*100%
What is average profit?
to make the addition of two years profit which is divided by 2. the result is average profit between two years.
