Formulas 3.5 / 5 based on 3 ratings ? Business StudiesformulasGCSEEdexcel Created by: mollybeccaCreated on: 09-03-15 13:03 Profit Formula And Break Even Total Revenue - Total Costs = Profit Formula Revenue = Price And Quantity Break even = fixed costs (selling price- variable costs) Break even is where a firms total revenue is the same as total costs. 1 of 3 Net Cash Flow and Margin Of Safety Total Cash Inflow (receipts) - Total Cash Outflow (payments) (Links with cash flow forecasting) Output - Break Even Point (Links with Break Even) 2 of 3 Closing Balance and Total Costs Closing Balance = Opening Balance + Net Cash Flow (Links With Cash Flow Forecast) Total Costs = Fixed Costs + Variable Costs 3 of 3
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