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Introduction to Reading Financial Statements - Shared screen with speaker view
Alan Symmes
22:50
Shouldn't sublets be in here also?
Al Huss
42:30
Why are the service writer costs in the cost of goods sold?
Chris Cotton
43:23
Keep asking your questions everyone and we will have Hunt answer them at the end. Great question Al, we will get with Hunt later and have him answer.
Al Huss
48:27
What is his effective labor rate?
Joe Hanson
48:36
Chris to your GP poll it depends on how we measure GP. We don't include SA in COGS.
Chris Cotton
51:14
Joe I just asked if you thought your GP% was too high, low or just right...…….depending on how you currently do your books and based on what you know.
Joe Hanson
54:33
Gotcha! I thought we were comparing to the explanation. My bad. :-)
Chris Cotton
01:10:07
Get ready with your follow up questions everyone. Just type them in the chat and I will ask Hunt for his answer.
Tim Shaffer
01:13:05
Can you show the formula for showing an increase in sales via a percentage please? IE going from a 33% parts margin to 50% parts margin
Jim Ryckman
01:13:15
the P & L info was stuff I’ve done. The balance sheet was huge for me….thanks!
DOUG MAYS
01:13:19
is the partner distribution money taxed?
John Shanderuk
01:15:10
Don't you have to increase marketing and taxes that are in expenses for this calculation.
Tim Shaffer
01:17:13
Also, Noticed on this P&L, the pay and benefits were in the expenses are they not COGS?
ANGIE RUGGIERO
01:17:32
What's the best way to determine if out labor rate is on par? Also, same for parts matrix?
Abbie Yatzook
01:18:47
Is there a report that will show the P&L info and include the Members Draw...that way we can really see where all the money went. I have trouble getting a report that shows everything all one report. Or am I just stuck looking at a balance sheet and a P&L?
ANGIE RUGGIERO
01:22:26
great thank you
Tim Shaffer
01:29:14
Thank you Hunt! Nice Job!
ANGIE RUGGIERO
01:29:19
Thank you Hunt, this was helpful!
Michael Gallini
01:29:29
Thank you Hunt!
Maddi Hennessey
01:29:35
Thank you Hunt and Chris! Great content!
Christina Lo
01:30:00
Will you folks be sending out a recording?
Christina Lo
01:30:41
Thank you!
Monty Brown
01:30:43
Thanks Hunt & Chris
Patti Deranek
01:30:49
Thank you!
Keeley Schafer
01:30:52
Great Info!
Leah Claflin
01:30:53
Great information. Thank you all!
Mike schafer
01:31:01
thank you so much. Congrats Hunt