Orly

CarMax: Who Owns the Largest Used Car Dealer in the US?

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Who is CarMax owned by? As of May 2021, CarMax operates 225 locations. While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. CarMax. Type Public Number of employees c. 27,000+ (2021) Parent Circuit City (1993?2002) Website carmax.com 8 more rows Read more on … Read more

How are Profits Calculated in an LLC?

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How are profits calculated in an LLC? By default, an LLC’s profits are allocated in proportion to ownership interests. For example, if two LLC members each own 50 percent of the LLC, half of the profits is allocated to each owner. If an LLC does not specify an alternative method, this is how the company … Read more