Fixed Coverage
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Fixed Coverage
by nbeckhart23 » Fri Apr 15, 2016 3:13 pm
Do any of you know what the calculation is for the fixed coverage off of financial statement
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Re: Fixed Coverage
by nbeckhart23 » Fri Apr 15, 2016 6:05 pm
that is the figure I am looking for the calculation (how to get to that figure)
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Re: Fixed Coverage
by possum » Fri Apr 15, 2016 7:36 pm
Sorry, it's that number (P+S+BS gross) / total fixed overhead from page 2 line 56
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Re: Fixed Coverage
by Mike Nicholes » Sat Apr 16, 2016 12:11 am
year 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).
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