[Answered] Buyers should not take markdowns in order to increase their open-to-buy, because this negatively ...

This topic contains a solution. Click here to go to the answer

Author Question: Buyers should not take markdowns in order to increase their open-to-buy, because this negatively ... (Read 64 times)

pragya sharda

Hero Member
Posts: 566

on: Sep 11, 2018

Buyers should not take markdowns in order to increase their open-to-buy, because this negatively affects gross margin.

a. True
b. False

Question 2

The open-to-buy is the money available to take markdowns each season.

a. True
b. False

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

vboyd24

Sr. Member
Posts: 341

Reply #1 on: Sep 11, 2018

Answer to Question 1

a

Answer to Question 2

b

pragya sharda

Member
Posts: 566

Reply 2 on: Sep 11, 2018

YES! Correct, THANKS for helping me on my review

matt95

Member
Posts: 317

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

« previous next »

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.