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There are two seperate assignments please seperate them use one and a half page for each.
Assignment 6.2 (Post to the Week Six Discussion Board)
In a one-page Word document, answer the following questions in two to three paragraphs: (1) Describe how Merchants can confirm profitability in their product area by using retail math formulas. (2) Describe how Merchants can use retail math to make sure they don’t buy too much or too little merchandise.
Assignment 6.3 (Post to the Week Six Discussion Board)
Review and study the case study on pages 115 – 116 in the textbook.
a) Complete the calculations and answer questions 1-4.
b) In two to three paragraphs summarize the implications of markup by answering these questions: How is markup connected to profitability? How does markup affect profitability?
c) If you had an opportunity to ask a retail professional at Verizon Wireless about the company’s markup strategy, what would your #1 question be?
d) Explain how revenues from Accessories offset phone subsidies.
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