Business equations

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Gross profit=
Sales revenue- cost of goods sold
1 of 9
Net current assets=
Current assets-current liabilities
2 of 9
Net assets=
Non current assets + net current assets- long term liabilities
3 of 9
Capital employed=
Opening capital+ profit for the year
4 of 9
Profit=
Total revenue- total costs
5 of 9
Gross profit margin=
Gross profit/ revenue x100
6 of 9
Revenue
Unit price x quantity sold
7 of 9
Mark up
Gross profit/ cost of sales x100
8 of 9
Profit margin
Profit/ revenue x100
9 of 9

Other cards in this set

Card 2

Front

Net current assets=

Back

Current assets-current liabilities

Card 3

Front

Net assets=

Back

Preview of the front of card 3

Card 4

Front

Capital employed=

Back

Preview of the front of card 4

Card 5

Front

Profit=

Back

Preview of the front of card 5
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