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E-Learning Course: Retail Financials

  • ID: 3059131
  • Training
  • Region: Global
  • 2 Hours
  • Martec International
Course Outline:

This course explores the main financial statements used by retail organizations and how retailers make money. This is a module from the Understanding Retail course which can be studied as an individual module if you choose not to take the full suite. The program takes 1-2 hours to study.

Target Audience:

This program is designed for people who sell or market to retailers. It is ideal for merchandise suppliers who sell directly to retailers, those who market to retailers to get their content specified in product lines and also companies who sell or market IT solutions to retailers. It is also valuable as induction training for retail management trainees and for IT teams who need to understand the retail business more fully.
Note: Product cover images may vary from those shown
Retail Financials:

Retail profit model
- Retail profit and loss account
- Average retail profit before tax
- Retail profit model
- Operating expenses

Balance sheet
- Balance sheet essentials
- Current assets
- Fixed assets
- Liabilities
- Equity and retained profits
- Return on Net Assets
- Asset utilization

Industry profitability drivers
- Building retail sales and profitability
- Maximizing cash flow and profits
- Balancing gross margins, payment terms and inventory turns

Retail and cost method of accounting
- Definitions
- Advantages and disadvantages of retail method
- Advantages and disadvantages of cost method

Summary

Mastery test
Note: Product cover images may vary from those shown
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