Business equations
- Created by: Jackgibbs3004
- Created on: 21-11-21 12:20
Other questions in this quiz
2. Gross profit=
- Sales revenue- cost of goods sold
- Capital employed
- Sales revenue- total contribution
- Fixed costs- revenue
3. Mark up
- Total liabilities
- Gross profit x quantity sold
- Gross profit/ cost of sales x100
- Cost of goods- cost of sales
4. Profit margin
- Fixed costs x contribution per unit
- Jewks
- Profit/ revenue x100
- Profit/total contribution
5. Net assets=
- Opening capital + fixed costs
- Hall et al
- Non current assets + net current assets- long term liabilities
- Currents assets + long term liabilities
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