FINANCIAL MANAGEMENT
Learn basic accounting principles and how to navigate the balance sheet and income statement at both the dealership and department levels. Interpret and analyze financial statements to identify performance improvement opportunities..
AGENDA
Utilizing the NADA 20 Group composite
Financial statement geography
Analyzing sales and gross profit
Maximizing cash flow and profit
Identifying and eliminating frozen capital
Evaluating inventory performance
Calculating total and fixed absorption
Controlling and minimizing expenses
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