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New Gross Profit - Retail

Department:

New Vehicle

New Gross Profit - Retail

$

Calculation

Total revenue from retail sales of new vehicles minus the cost of goods sold.

DESCRIPTION

The total gross profit from the sale of new vehicles to retail customers.

Purpose

To determine the profitability of new vehicle sales to individual retail customers.

Interpretation

Did you get it right

Optimal:
Sustained higher gross profit indicates successful retail operations.
Alert:
Excessively high profits may reflect pricing issues or limit market competitiveness.
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06/15/2024 05:02:27 am