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y IVHow to Evaluate the Various Inventories of the Automobile Dealership
The Income and Expense Section
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Accessories Department account includes account on line account represents account titled Accounts Payable Accounts Receivable amount entered asset accounts asset side automobile average month's Balance Sheet capital car department car inventory car sales cash COMMENTS commercial cars cost of sales credit analyst creditors Current Assets Current Liabilities Current Month dealer's cost dealership operations deducted depreciation determine discounts divide division of page excessive factory figure finance agency Fixed Assets Fixed Expense Fixed Gross Profit Fixed Net Loss Fixed Overhead Expense floor planned FORMULA freight and handling investment liability side line 24 line 66 line 78 lines 3l MEASUREMENT GUIDE Notes Receivable operating departments operating profit past due Payable percentage PROFIT OR LOSS ratio reconditioning red ink salesmen SCALING VALUE Service Department shown on line subtract total fixed total of lines trade trade-ins trucks Unit Sold Variable Gross Profit variable net profit Variable Selling Expenses vehicle sales wholesale Worth