Fixed Coverage
Posted: Fri Apr 15, 2016 3:13 pmDo any of you know what the calculation is for the fixed coverage off of financial statement
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Posted: Fri Apr 15, 2016 3:13 pmRe: Fixed Coverage
Posted: Fri Apr 15, 2016 4:44 pmOn the GM report it's @ page 6 line 62.
Re: Fixed Coverage
Posted: Fri Apr 15, 2016 6:05 pmthat is the figure I am looking for the calculation (how to get to that figure)
Re: Fixed Coverage
Posted: Fri Apr 15, 2016 7:36 pmSorry, it's that number (P+S+BS gross) / total fixed overhead from page 2 line 56
Re: Fixed Coverage
Posted: Sat Apr 16, 2016 12:11 amyear to date gross profit for parts, service and body shop (if you have one) DIVIDED by the total dealership year to date fixed overhead (less selling gross).
Re: Fixed Coverage
Posted: Mon Apr 18, 2016 3:22 pmThank you very much!!!