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 definition. Gross profit is the revenue left over after you deduct the costs of making a product or providing a service. You can find the gross profit by subtracting the cost of goods sold (COGS) from the revenue. For example, if a company had $10,000 in revenue and $4,000 in COGS, the gross profit would be $6,000. This figure is on your income statement. To calculate gross profit, use this formula: Revenue â Cost of Goods Sold (COGS) To find the gross profit, you need to understand what revenue and cost of goods sold are. Revenue is equal to the total amount you make in sales.