This popular textbook/workbook meets the needs of students who will be directly or indirectly involved in the activities of merchandising and buying at the retail level. Tepper continues to delineate the essential concepts, practices, procedures, calculations, and interpretations of figures that relate to the many factors that produce profit.New to this Edition- At the end of each of the six units of study, a new section entitled, The Adaptation of Excel Spreadsheets is included.- Examples of current industry programs on collecting and recording data on the movement of inventory.- All practice problems apply industry terminology used in realistic merchandising situations.- To become familiar with real-world examples, store forms have been added for the computation of appropriate practice problems- CD-ROM contains templates for use with specific computer spreadsheet problems and cases.- Answer Manual provides computations and solutions for all of the practice problems and case studies in the text