A secretary can command a more comparable salary to that of an office coordinator if she assists a company owner or high-level executive. The BLS reported a median salary for executive secretaries of $48,120 as of 2011, and for office managers or coordinators, $52,330.
The difference is that little $400 discount, which adds up to $400,000 in gross profit each year. Thatâs amazing, isnât it? Front-end gross profit is simply the selling price of a unit minus the cost, and does not include earnings from the finance & insurance department, parts department, or service department.For example, if a dealership sells a unit for $7,400 that costs them $6,400, the front-end gross profit would be $1,000.he difference is that little $400 discount, which adds up to $400,000 in gross profit each year. Thatâs amazing, isnât it? Front-end gross profit is simply the selling price of a unit minus the cost, and does not include earnings from the finance & insurance department, parts department, or service department.
Gross profit margin is the gross profit $ expressed as a % of the revenue. So, if gross profit is $10,000 and the revenue was $30,000 then the gross profit margin is ... 10,000 divided by 30,000 = 33.33%. This is a measure of the firm's profitability being obtained from it's core activities.