buissness

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what is the equation for turnover
price X quantity sold
1 of 9
what is the equation for total variable costs
VC(variable costs)X quantity
2 of 9
what is the equation of total costs
fixed costs + total variable costs
3 of 9
what is the equation of profit
turnover-total costs
4 of 9
what is the equation of gross profit
turnover-costs of sales
5 of 9
what is the equation of net profit
gross profit - expenses
6 of 9
what is the equation of net current assets
current assets - current liabilities
7 of 9
what is the equation of net assets
total fixed assets + Net current assets
8 of 9
what is the equation of net clash flow
total cash inflows - total cash outflows
9 of 9

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Card 2

Front

what is the equation for total variable costs

Back

VC(variable costs)X quantity

Card 3

Front

what is the equation of total costs

Back

Preview of the front of card 3

Card 4

Front

what is the equation of profit

Back

Preview of the front of card 4

Card 5

Front

what is the equation of gross profit

Back

Preview of the front of card 5
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