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