chapter 3
- Created by: Antonio Mathias
- Created on: 09-05-20 15:33
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- Finance and Accounts
- Sources of finance
- Capital
- Revenue
- Short,midium or long term
- Types of Cost
- Fixed
- Variable
- Semi-variable cost
- Direct and indirect costs
- Revenue
- Total Revenue = selling price * output
- Break-analysis
- Break-even point = fixed costs/ contribution per unit
- Contribution= selling price - variable cost
- Margins of safety = output - break-even point
- Payback period
- Sources of finance
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