Computations
Additional Calculations
Year-End Net Profit after Tax Retained in the Business / Year-End Net Profit after Tax Earned = Percent of Profit Retained.
This calculates the percent of profit retained in the dealership after taxes.
Example:
|
Year-End Net Profit Retained in Business (After tax) |
$450,000 |
|
Divided by: |
/ |
|
Year-End Net Profit Earned Before Tax |
$675,000 |
|
Percent of Profit Retained |
66.7% |