MQI Prep
How is Break Even Calculated? – answer Costs + expenses
Calculate the Commission for an employee who works at a branch with 125 cars in fleet
and makes a 3.5 % commission off of a net profit of 175/car. - answer125 x $175 =
$21.875 x .035 = $765.63
What is the difference between Costs and Expenses? – answer Costs = car Expenses =
branch + personel
What are the four highest costs and expenses? – answer Costs: depre, LPU,
maintenance
Expenses: personnel, branch overhead
What is the group goal for days earned % ? - answer94 %
Calculate the estimated income per car for a branch using the following numbers gained
in the month of June: - answerDaily rate x DE% x days in month + net other
( 3325 x .91 x30 ) + 110-61,017.23
What is inventory adjustment? How is it calculated? - answerFlip, the profit made from
selling our cars.
Whole sale value - depre
What is LPU - answerNon subro debt CDW hits + 90 day clunter tickets..... gooal is
$23/car
How can you control LPU? - answerWrite good DXs, collect deductibles, proper
underwriting
How do you calculate bad debt - answerAny recieveables not collected in 90 days and
any forced charges
What is uninsured loss? The goal? - answerDmagae that occurs ina non rev state....
goal is $7/car
How do you control bad debt and whats the goal? - answerGoal is $5/car and work
ARs, proper callbacks and proper underwriting
, Most common uninsured losses? - answerUndocumented damages and employee
accidents
LPU goal - answer$23/car
Bad debt goal - answer$5/car
Total income goal - answer$1050
Uninsured loss goal - answer$7/car
Days Earned goal - answer94%
C and I goal - answer935
Net other goal - answer$115
Total rev goal - answer$1050
Growth goal - answer15%
Uninsured loss goal - answer$7
Reserves goal - answer$26
Bad debt - answer$5
Customwr sat goal - answer$3
Undocumented dmg goal - answer$4
LPU goal - answer$23
Who began Enterprise Rent-A-Car? What year? - answerJack Taylor, 1957
In what year did our Group rent its first vehicle? - answer1990
CEO - answer-Andy Taylor
President and co0 - answerPam Nicholson
General Manager of Group 57 - answer-Greg Cavoli
What business lines does Group 57 operate? - answerRental, Fleet, Car Sales, Truck,
Ride share
How is Break Even Calculated? – answer Costs + expenses
Calculate the Commission for an employee who works at a branch with 125 cars in fleet
and makes a 3.5 % commission off of a net profit of 175/car. - answer125 x $175 =
$21.875 x .035 = $765.63
What is the difference between Costs and Expenses? – answer Costs = car Expenses =
branch + personel
What are the four highest costs and expenses? – answer Costs: depre, LPU,
maintenance
Expenses: personnel, branch overhead
What is the group goal for days earned % ? - answer94 %
Calculate the estimated income per car for a branch using the following numbers gained
in the month of June: - answerDaily rate x DE% x days in month + net other
( 3325 x .91 x30 ) + 110-61,017.23
What is inventory adjustment? How is it calculated? - answerFlip, the profit made from
selling our cars.
Whole sale value - depre
What is LPU - answerNon subro debt CDW hits + 90 day clunter tickets..... gooal is
$23/car
How can you control LPU? - answerWrite good DXs, collect deductibles, proper
underwriting
How do you calculate bad debt - answerAny recieveables not collected in 90 days and
any forced charges
What is uninsured loss? The goal? - answerDmagae that occurs ina non rev state....
goal is $7/car
How do you control bad debt and whats the goal? - answerGoal is $5/car and work
ARs, proper callbacks and proper underwriting
, Most common uninsured losses? - answerUndocumented damages and employee
accidents
LPU goal - answer$23/car
Bad debt goal - answer$5/car
Total income goal - answer$1050
Uninsured loss goal - answer$7/car
Days Earned goal - answer94%
C and I goal - answer935
Net other goal - answer$115
Total rev goal - answer$1050
Growth goal - answer15%
Uninsured loss goal - answer$7
Reserves goal - answer$26
Bad debt - answer$5
Customwr sat goal - answer$3
Undocumented dmg goal - answer$4
LPU goal - answer$23
Who began Enterprise Rent-A-Car? What year? - answerJack Taylor, 1957
In what year did our Group rent its first vehicle? - answer1990
CEO - answer-Andy Taylor
President and co0 - answerPam Nicholson
General Manager of Group 57 - answer-Greg Cavoli
What business lines does Group 57 operate? - answerRental, Fleet, Car Sales, Truck,
Ride share
