Business btec

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(cash flow forecast)net cash flow
total cash inflow - total cash outflow
1 of 28
closing balance
opening balance + net cash flow
2 of 28
(break-even analysis) total revenue
selling price x quantity sold
3 of 28
total costs
fixed costs + total variable costs
4 of 28
profit
total revenue - total cost
5 of 28
total contribution
sales revenue - total variable cost
6 of 28
contribution (per unit)
selling price - variable cost (per unit)
7 of 28
profit (using contribution)
contribution per unit x margin of safety
8 of 28
break-even output
total fixed costs / unit contribution
9 of 28
margin of safety
actual sales - break even level of output
10 of 28
(statement of comprehensive income) revenue
unit price x quantity sold
11 of 28
gross profit
sales revenue - cost of goods sold
12 of 28
costs of goods sold
opening inventory + costs of goods sold
13 of 28
profit/loss for the year
gross profit - expenses + other income
14 of 28
net book value
cost - depreciation
15 of 28
(statement of financial position) net current assets
current assets - current liabilities
16 of 28
net assets
non-current assets + net current assets - long term liabilities
17 of 28
capital employed
opening capital + profit for the year less drawings
18 of 28
balance sheets
net assets = capital employed
19 of 28
(measuring profitability) gross profit margin
gross profit / revenue x 100
20 of 28
mark-up
gross profit / cost of sales x 100
21 of 28
profit margin
profit / revenue x 100
22 of 28
return on capital employed
profit / capital employed x 100
23 of 28
(measuring liquidity) current ratio
current assets / current liabilities
24 of 28
liquid capital ratio
current assets - inventory/current liabilities
25 of 28
trade receivable days
trade receivables/credit sales x 365
26 of 28
trade payable days
trade payables / credit purchases x 365
27 of 28
(measuring efficiency) inventory turnover
average inventory / cost of sales x 365
28 of 28

Other cards in this set

Card 2

Front

closing balance

Back

opening balance + net cash flow

Card 3

Front

(break-even analysis) total revenue

Back

Preview of the front of card 3

Card 4

Front

total costs

Back

Preview of the front of card 4

Card 5

Front

profit

Back

Preview of the front of card 5
View more cards

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