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For example, you might want to set a promotional price at $48, including tax. If you know the state sales tax rate, you can calculate the retail price from the total price. Divide the state sales ...
If the wholesale price of a silk dress is $50, the retail price might range from around $110 to $130. Premium denim jeans often wholesale for around $150 and may sell at retail for up to $375 or more.
The retail inventory method should only be used when there is a clear relationship between the price at which merchandise is purchased from a wholesaler and the price at which it is sold to ...
Within that suggested retail price, you also have to leave some room for the manufacturer’s and dealer’s margins, along with potential sales promotions, said Z. John Zhang, ...