Business equations 0.0 / 5 ? BusinessFinanceBTEC NationalEdexcel Created by: tevszCreated on: 25-05-18 08:46 gross profit sales revenue - cost of sales 1 of 8 operating profit Gross profit - expenses 2 of 8 current ratio current assets/current liabilities 3 of 8 acid test ratio current assets - inventory / current liabilities 4 of 8 trade receivables days Trade receivables/credit sales x 365 5 of 8 Trade payable days Trade payable/credit purchase x 365 6 of 8 break even point output - breakeven 7 of 8 total cost fixed cost - variable cost 8 of 8
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