Castle Rock Research Corporation General Manager Interview Questions and Answers

P&L percent of every expense refers to the percentage of each expense in relation to the total profit and loss statement.

• Calculate the percentage of each expense by dividing it by the total expenses and multiplying by 100.

• This helps in understanding the impact of each expense on the overall profitability of the business.

• For example, if total expenses are $10,000 and rent expense is $2,000, the P&L percent for rent woul

PIP percentages against revenue refers to the percentage of revenue allocated towards Performance Improvement Plans.

• Calculate PIP percentage by dividing total PIP expenses by total revenue and multiplying by 100.

• Monitoring PIP percentages helps in evaluating the effectiveness of improvement plans.

• Example: If total PIP expenses are $10,000 and total revenue is $100,000, PIP percentage would be 10%.