Business equations component 1 (functions) 0.0 / 5 ? Business StudiesFunctionsA2/A-levelWJEC Created by: laauren_jaamesCreated on: 10-06-17 13:45 Cash-flow forecasting Opening balance Closing balance of previous month 1 of 14 Cash-flow forecasting Net cash flow Cash inflow - cash outflow 2 of 14 Cash-flow forecasting Closing balance Net cash flow + opening balance 3 of 14 Income statement Gross profit Sales revenue - cost of sales (or COGS or direct costs) 4 of 14 Income statement Net profit Gross profit - operating costs (or overheads or indirect costs) 5 of 14 Income statement Profit for the year (retained profit) (Revenue - total costs ( including tax and dividends) 6 of 14 Operational management Added value Selling price - variable costs (or direct costs) 7 of 14 Operational management Productivity Output / workers 8 of 14 Ratio analysis Operating profit margin (Operation profit / SR) x 100 9 of 14 Ratio analysis Gross profit margin (Gross profit / SR) x 100 10 of 14 Workforce planning Labour turnover or staff turnover (Num of workers leaving / total num. of workers) x 100 11 of 14 Workforce planning Staff retention rate (Num. of workers staying / total num. of workers) x 100 12 of 14 Workforce planning Absenteeeism (Days of staff absence / total working days) 13 of 14 Workforce planning Labour productivity Total output in units / number of workers 14 of 14
Chapter 10: Developing and Implementing Marketing Plans 5.0 / 5 based on 1 rating Teacher recommended
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