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.
In other words, it directly impacts risk and return. Gross profit evaluation and gross profit optimization is necessary to calculate and understand gross profit percentage, commonly referred to as gross profit margin. Gross profit margin is a company's total sales revenue minus its direct costs, divided by the total sales revenue, expressed as a percentage. Gross profit margin represents the percent of total sales revenue that the company retains after incurring direct costs. The higher the percentage, the more the company retains on each dollar of sales to service its other costs and obligations.