Dec 03, 2020  
2015-2016 Catalog 
    
2015-2016 Catalog [ARCHIVED CATALOG]

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FM 122 - Merchandising Applications for Retail Merchandising

Credits: 4
Contact Hours: 4
Prerequisites: None

Corequisites: None

College Level Prerequisites: GRCC College Level Math (Math ACT 18 or higher OR successful completion of MA098 or higher OR Algebra Accuplacer 76 or higher), “GRCC College Level Writing (English ACT 18 or higher OR successful completion of EN 097 or higher OR English (Write Placer Plus) 5 or higher)”
Description: This course covers mathematical calculations used by retail merchants including the factors which determine a store’s net profit or loss.  Students learn several ratios used in a seasonal merchandise plan, determine various purchase discounts and shipping terms, calculate merchandise pricing and re-pricing amounts and percentages, and use several inventory valuation methods.

Department Consent: No Consent
General Education Distribution Category Met: None



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