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International Automotive Technicians Network
Re: Understanding Numbers
Posted to Shop Management Forum on 10/24/2016

You have to produce $2.24 in sales/labor or anything really if your net margin is 14% to pay for that one stamp.

In other words if you had $2.24 in sales and your net margin was 14% after paying all your other bills, then you would have $.32 left... Login to read more.