BTEC bussiness studies lv2 finance formulas

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what is the formula for total revenue?
total revinue= price per unit* number of units sold
1 of 5
what is the formula for total costs?
total cost= total fixed costs* total variable costs
2 of 5
what is the formula for breakeven?
breakeven point= fixed costs / (selling price - variable cost per unit)
3 of 5
what is the formula for calculating profit?
profit= sales revenue - total cost
4 of 5
what is the formula for calculating working capital?
working capital = curent assets- current liabilitys
5 of 5

Other cards in this set

Card 2

Front

what is the formula for total costs?

Back

total cost= total fixed costs* total variable costs

Card 3

Front

what is the formula for breakeven?

Back

Preview of the front of card 3

Card 4

Front

what is the formula for calculating profit?

Back

Preview of the front of card 4

Card 5

Front

what is the formula for calculating working capital?

Back

Preview of the front of card 5

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