Trade Math: Advanced Trade Math

Course overview

Part 1 of this series teaches how to calculate profit margin by dividing the penny profit by the retail price. Trade math gets more complicated when you're missing one of these two components. This course teaches how to calculate suggested retail pricing, and how to calculate the needed cost, when given the target price or the profit margin target. This knowledge will enable you with a greater ability to confidently make sales suggestions that include conversations around profitability
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