HELE5 LESSON 2 1st Qrt

It refers to the amount of money to be spent in order to put up the store.

• profit

• price

• capital

- This should be obtained before the business operates.

• type of merchandise

• business permit

• location

This is the price of the merchandise.

• cost

• capital

• profit

It is the amount added to the cost price of your merchand ise.

• profit

• selling price

• mark up

It refers to the number of goods sold and the sum of money received in exchange for goods

• purchase record

• sales record

• inventory

It is where the number of goods purchased are recorded

• purchase record

• sales record

• inventory

The primary aim of retailing.

• profit

• cost

• capital

This is the record of goods that are on hand at the beginning of the period and the amount of goods lef t at the end of the period.

• purchase record

• sales record

• inventory record

the one who purchases goods.

• consumer

• sales person

• manager

it is the sale of goods in a small amount.

• display

• retail

• site