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Tires & Storage Gross Profit

Department:

Parts Department

Tires & Storage Gross Profit

$

Calculation

Total revenue from tire and storage services minus the cost of goods and services sold.

DESCRIPTION

The total profit from the sales of tires and storage services.

Purpose

To evaluate the profitability of tire sales and storage services.

Interpretation

Did you get it right

Optimal:
High gross profit indicates effective pricing and cost management in these services.
Alert:
Very high profits might suggest a reevaluation of pricing to maintain market competitiveness.
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06/15/2024 05:32:32 am