Basic Markdown

FMM 225 Module Four Basic Markdown Equations Guidelines and Rubric

Overview: The true value of spreadsheets is that the formulas automatically calculate your answers without the need to recalculate data every time an input number changes (which can be daily when selling merchandise). That is, once you set up the spreadsheet formulas, you can use the spreadsheet again and again, build a new tab, or simply save it as a new document. Prompt: For this assignment you will use Excel to calculate a variety of markdown problems using formulas. Specifically, you must complete the following:

1. Review the pertinent formulas. 2. Read each problem carefully from the “Problems” tab in the Module Four Basic Markdown Equations Excel document. 3. Complete each problem using formulas.

Rubric

Guidelines for Submission: Submit the completed Excel document. You will need to have the correct formulas in the cells. Number-only responses will not be accepted for full credit.

Critical Elements Proficient (100%) Needs Improvement (55%) Not Evident (0%) Value

Markdown: Short Sleeve Denim Shirts

Calculation is correct and the work to arrive at the answer is accurate

Calculation is partially correct Calculation is not accurate 8

Markdown: Sheet Sets Calculations are correct and the work to arrive at the answers is accurate

Calculations are partially correct Calculations are not accurate 14

Markdown: Table Calculations are correct and the work to arrive at the answers is accurate

Calculations are partially correct Calculations are not accurate 14

Markdown Percentage: Suits Calculation is correct and the work to arrive at the answer is accurate

Calculation is partially correct Calculation is not accurate 8

Markdown: Girls’ Department

Calculations are correct and the work to arrive at the answers is accurate

Calculations are partially correct Calculations are not accurate 14

Activewear Bottoms Calculations are correct and the work to arrive at the answers is accurate

Calculations are partially correct Calculations are not accurate 14

Men’s Ties Calculations are correct and the work to arrive at the answers is accurate

Calculations are partially correct Calculations are not accurate 14

Permanent Markdown Calculations are correct and the work to arrive at the answers is accurate

Calculations are partially correct Calculations are not accurate 14

Total 100%