Thread: 24VV
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  #5 (permalink)  
Old 2005-02-24
HLELA
Anonymous Coward
 
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Default oldschool

HLE Branch net revenue was 168,000 minus 143,000 total expense= 25K Net OP.
25K divide by # of cars in your branch = Net OP

Bottom line, all rental car co. uses the same formula. It is apples to apples. We try to get cars w/ the lowest depreciation.
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