Retail Inventory Retail Inventory-Level Planning consists of retail line method (RIM) which is an accounting procedure whose objectives are to avow a perpetual. It also can book muniment in retail dollars amounts and to maintain records that make it possible to train the cost comfort of the blood line at any time without taking a fleshly inventory. Also known as book inventory placement or perpetual book inventory. Retailers also project another(prenominal) important choice to make the note to sales ratio. The stock to sales ratio is derived directly from the planned inventory to determine monthly additions to stock in the merchandise compute plan.
Retailers for the most part think of their inventory at retail legal injury levels rather than at cost. Retailers use their initial markups, additional markups, and markdowns, and so forth as percentages of retail. When retailers compare their prices to competitors, they use retail prices. The discombobulate is that when retailers to desi...If you want to get a full essay, order it on our website:
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