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Financial & Quantita

Financial and Quantitative Analysis

SGA Selling General & Administrative Also Operating or Overhead Expenses OTHER THAN the cost of the product
GMROI Gross Margin Return on Investment
3 Important Things for a Retailer 1. Sales & Cost of Goods sold 2. Gross Profit (Sales - COGS) 3. Inventory Turns
Different FINANCIAL approaches to retailing The Gross Profit% : Walmart has a LOW Gross Profit (23.1%)vs. Nordstorm has a High(36.7%)
Gross Profit The profit remaining after goods are paid for
Net Income Whats left from sales and Other Income after ALL costs and expenses
EDLP requires EDLC: Everyday Low Cost
Retailers with HIGHER expenses need a higher Gross Profit % or Net Income % to support the higher expenses
P & L Profit and Loss
Numbers have meaning ON THE BASIS OF Absolute, Relative, Trend
Absolute Numbers having meaning all on its own Ex. Store operating in the negative
Relative Can only understand in relationship to something else. EX. % increase - measure against a benchmark
Trend Over Time - Historical perspective. Is this representative? Where are we coming from? Is it a blip, is it typical, is it a turn in the wrong directions...
RACI Model Who is: RESPONSIBLE - Owner of Project, Sponsor Who is: ACCOUNTABLE- person who does the work Who is: CONSULT (ed)- person who is a resource Who is: INFORM (ed)- people you need to keep in the loop
Stakeholders Those who have an "INTEREST" or a STAKE in the project. Ask where do the stakeholder fall in the RACI model
Multi-Voting Example Post it notes EXAMPLE
Standard Deviation In a bell shaped curve, how far from either side of the average value in the middle do you have to go before you incorporate __% of Population 68% 1D=+/-34% 95%= 2D= +/-47.5% 99.7%= 3D= +/-49.8%
Median MIDDLE Value
Mode Value that happens MOST often
Normal Distribution/Bell Curve described by 2 terms: Mean & Standard Deviation (SD) The MEAN is the Center of the Curve (AVERAGE)
SIGMA Mathematical symbol for Standard Deviation
Statistical Correlation Mathematically what is the difference between the x variable and Y variable Regression Line -1.0 to +1.0 (r2) Scatter Chart X Y Axis
Created by: thopwood