Per Unit/ Terms

Question 1

Ways to find money

Answer 1

C and I goal: $1070
Net other goal: $105
Personal cost: $165

Operating expenses:

• bad debt: $5
• cus sat: $2
• Uninsured loss: $10

Question 2

Definitions

Answer 2

C and I: Income from daily rate + miles - discounts

Net other: Income from protection products

Operating expenses:

Bad debt:
Uncollected AR’s > 90 days, chargebacks, invoice adjustment write offs, Customer satisfaction write offs on closed tickets, force charges and charge backs, discounts

Uninsured loss:
Physical damage to a non-revenue unit: off rent

Question 3

Days Earned Percent

Answer 3

C and I / ADR / # of days in the month

Question 4

Average Daily Rate

Answer 4

C and I / Days Earned % / # Days in the month

Question 5

Income per car

Answer 5

ADR x Days Earned % x # of days in month + Net other