HT Financials - Formulas Flashcards

1
Q

Inventory Balance / Average Weekly Sales

A

Weekly Supply On Hand (WSOH)

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2
Q

Sales + Declines + Known Loss

A

Total Accounted For

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3
Q

Retail - Mark Up % (MU%)

A

Cost

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4
Q

Retail - Mark Up $ (MU$)

A

Cost

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5
Q

Retail - Cost

A

Mark Up Dollars (MU$)

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6
Q

Mark Up $ / Retail $

A

Mark Up Percentage (MU%)

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7
Q

Total Retail Sales in the Period / Number of Weeks in the Period

A

Average Weekly Sales (AWS)

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8
Q

Retail - Actual Sales

A

Markdown $

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9
Q

Total Markdowns - Markdowns MU$

A

Mardowns at Cost

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10
Q

Total Markdowns * Average MU %

A

Markdowns MU%

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11
Q

Total Decline * Average MU%

A

Decline MU$

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12
Q

Total Declines - Decline MU$

A

Decline $ at Cost

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13
Q

Markdown$ + Throwaway$

A

Knownloss $

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14
Q

Total to Account for - Total Accounted For

A

Shrink

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15
Q

Total Shrink * Average MU%

A

Shrink MU$

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16
Q

Markwdowns + Throwaways + Shrink

A

Total Waste on Charge Gross

17
Q

Markdowns + Throwaways + Shrink + Adjusted Shrink

A

Total Waste on SOS

18
Q

Retail Sales - (Sales at Cost + Declines at Cost + Markdowns at Cost + Throwaways at Cost + Shrink at Cost)

A

Gross Profit $ (On Charge Gross)

19
Q

Gross Profit $ / Retail Sales

A

Gross Profit %

20
Q

Gross Profit $ - (Labor + Training Wages + Workers Comp Charge Backs + Wrap Supplies + Department Supplies)

A

Department Contribution Percentage

21
Q

Total Wages / Total Hours Used

A

Sales Per Man Hour (SPMH)

22
Q

(Standard Hours / Actual Hours Used) * 100

A

Attainment %

23
Q

Labor Dollars / Total Dollars

A

Wage %

24
Q

Wage $ / Number of Hours Used

A

Average Hourly Rate (AHR)

25
Q
A